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Cartier Resources Inc.


May 19, 2017

Cartier Resources Inc. Announces AGM Election Results

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VAL-D'OR, QUEBEC--(Marketwired - May 19, 2017) - Cartier Resources Inc. (TSX VENTURE:ECR) (the "Company") announces that at its annual general meeting held on May 19th, 2017 that the following people were elected as directors of the Company:

Michel Bouchard
Philippe Cloutier
Mario Jacob
Jean-Yves Lalibert�
Daniel Mass�

The proposal to maintain the stock option plan as presented in the Management Information Circular was approved by the shareholders at the annual general meeting. The proposal allows the Company to grant a number of stock options representing a maximum of 10% of the shares outstanding (on a non-diluted basis).

The proposal to appoint Deloitte LLP as auditors of the Company as presented in the Management Information Circular was approved by the shareholders at the annual general meeting.

Following the annual meeting, the Board of Directors named the following people as officers of the Company:

Philippe Cloutier, P.Geo, President and Chief Executive Officer;
Ga�tan Lavalli�re, P.Geo, Vice President;
Nancy Lacoursi�re, Chief Financial Officer;
Jean-Yves Lalibert�, Chairman of the board and Corporate Secretary.

Grant of Stock Options:

On May 19th, 2017, the Board of Directors awarded a total of 2,125,000 stock options to directors, officers, one employee of the Company and Paradox Public Relations. Pursuant to the terms of the Company's stock option plan, each option grants the holder of such option the right to purchase a common share of the Company at a price of $0.295 per share no later than May 19th, 2022.

In addition, in connection with the investment announced on May 26, 2016, the Company announces that following its buy-back of a tranche of 1.2% of the gross revenue royalty on the Benoist property, it has agreed to proceed with the buy-back of an additional tranche of 0.2% with two investors by the issuance of 135,194 common shares at a price of $0.295 per share (i.e. 67,597 common shares per investor), the whole subject to the approval of the TSX Venture Exchange. The Benoist property will continue to be subject to a 0.1% gross revenue royalty.

The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this press release.

 

CONTACT INFORMATION:

    Cartier Resources Inc.
    Philippe Cloutier
    President and CEO
    (819) 874-1331 or Toll free: 877 874-1331
    Fax: (819) 874-3113
 


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Cartier Resources Inc.

EXPLORATION STAGE
CODE : ECR.V
ISIN : CA1467721082
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Cartier is an exploration gold company based in Canada.

Cartier holds various exploration projects in Canada.

Its main exploration properties are DOLLIER, RIVIÈRE DORÉ, DIEGO, CADILLAC EXTENSION, KINOJEVIS, LAC CASTAGNIER and RAMBULL in Canada.

Cartier is listed in Canada and in United States of America. Its market capitalisation is CA$ 25.3 millions as of today (€ 22.6 millions).

Its stock quote reached its highest recent level on December 31, 2007 at CA$ 1.22, and its lowest recent point on December 11, 2015 at CA$ 0.04.

Cartier has 87 390 795 shares outstanding.

Your feedback is appreciated, please leave a comment or rate this article.
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Financings of Cartier Resources Inc.
5/26/2016Announces the Closing of a Financing for a Total of $300,000
12/21/2012Announces the Closing of a $600,000 Private Placement
11/21/2012Announces the Closing of a $500,000 Private Placement
9/7/2012Announces the Closing of a $500,000 Private Placement
12/22/2011Announces the Closing of a $3,080,840 Brokered Private Place...
12/7/2011Announces a $4,500,000 Brokered Private Placement
Option Grants of Cartier Resources Inc.
5/22/2009AGM Election Results and Award of New Stock Options
11/26/2008Announces the Grant of Stock Options
Project news of Cartier Resources Inc.
1/7/2014Drills the Extension of Pusticamica Deposit; Benoist Propert...
8/1/2013Completes its Acquisition of Chimo, Nova and Benoist
7/11/2013Signs an Agreement for the Acquisition of the Chimo and Nova...
5/23/2013Inc=2E: Acquisition of the Benoist Project and Pusticamica G...
1/17/2013Inc=2E: Drilling Below the Benoist Deposit Follows Up on 201...
9/18/2012Cuts 9=2E0 g/t Gold Over 3=2E0 Meters at Depth on Edge of Pu...
6/21/2012Drilling Underway on Fenton
5/15/2012One More Drill-Ready Property for Cartier: La Pause Property...
4/5/2012Ready to Increase Volume of the Pusticamica Gold Deposit / B...
3/22/2012Signs an Option Agreement to Acquire a 50% Interest in the F...
3/15/2012Cuts Massive Sulphides Grading 281 g/t AgEq Over 4=2E0 Meter...
3/13/2012(Dollier)Intersects Up to 13.3 g/t Au on Dollier
3/5/2012Signs an Option Agreement to Acquire the Benoist Project
2/7/2012Cuts Massive Sulphides Grading 322 g/t AgEq Over 3=2E5 Meter...
12/1/2011Signs a Sale Agreement in Respectof its Riviere Dore Copper-...
11/8/2011(Cadillac Extension)Commences Drilling on Silver Zone at Cadillac Extension
10/6/2011(Cadillac Extension)Discovers New Gold Potential on Cadillac Extension Project
9/6/2011(Diego)Drills Diego Gold Project
9/1/2011Cuts 1=2E5 % Copper and 100 g/t Silver Over 19 Metres on Cad...
8/18/2011(Cadillac Extension)Cuts 392.10 g/t Silver on Cadillac Extension
7/8/2011Suspends Work on Riviere Dore Project
5/29/2011(Rivière Doré)Selects 35 Priority Targets for First Drill Program on its C...
3/17/2011(Dollier)Commences 4 000 Meter Drill Program on Dollier Property Main...
10/28/2010(Rivière Doré)Signs LOI for its Riviere Dore Copper Property
9/30/2010(Rivière Doré)Copper Discovery Matched With Prominent EM Conductors
8/3/2010(Cadillac Extension)Cuts up to 7.7 Grams Gold, 1,162.0 Grams Silver, 4.96% Coppe...
7/27/2010(Cadillac Extension)Confirms Gold Potential on Cadillac Extension
7/15/2010(Diego)Diego Demonstrates Gold Potential
4/8/2010(Cadillac Extension)Acquires Major Land Holding Along Extension of Prolific Lard...
8/12/2009Reports High Grade Gold Results on Rambull: 27=2E72 g/t Au o...
4/24/2009(Kinojevis)Files New NI 43-101 Report on Kinojevis Property
2/25/2009(Kinojevis)Launches Diamond Drill Program on Three of its Properties
5/6/2008(Kinojevis)Announces Discovery of New Gold Zone
3/10/2008(Kinojevis) Focuses Drilling on MacCormack Gold Prospect
2/11/2008(Kinojevis)Signs Agreement for 5 Bocks of Claims at Kinojevis.
1/30/2008(Kinojevis)New Gold Zone on the Kinojevis Property
12/14/2007(Lac Castagnier) Drill to Test Gold Showing on Lac Castagnier Project
12/11/2007(Kinojevis) Drilling Returns New Gold Zones on Kinojevis Property
Corporate news of Cartier Resources Inc.
8/2/2016Cartier Samples 21.3 g/t Au Over 5.0 m On Wilson
6/23/2016Cartier Gains from Market Rise
6/14/2016Cartier Announces the Closing of a Second Tranche of a Priva...
6/10/2016Cartier Announces the Closing of a Private Placement for a T...
5/27/2016Cartier Resources Inc. Announces AGM Election Results
5/26/2016Cartier Announces the Closing of a Financing for a Total of ...
5/18/2016Cartier Acquires a 100% Interest in the Verneuil West and Ve...
5/10/2016Cartier Annouces the Closing of Two Private Placements for a...
3/31/2016Cartier Identifies New Drill Targets on MacCormack
2/4/2016Cartier Identifies New Targets Similar to Langlade Deposit o...
12/18/2015Cartier Resources Inc. Grants Stock Options
11/12/2015Cartier Starts Geophysical Surveys on MacCormack
10/22/2015Cartier Closes a Private Placement for a Total of $266,500
8/20/2015Cartier Resources Inc.: Positive Geophysical Results on MacC...
8/13/2015Cartier Launches Geophysical Surveys on Cadillac Extension
8/10/2015Cartier Closes a Private Placement for a Total of $143,000
7/21/2015Cartier Resources Inc.: Positive Geophysical Test Results on...
7/16/2015Cartier Closes a $125,000 Private Placement With Capital Cro...
6/12/2015Cartier Closes a $100,000 Private Placement with SIDEX
5/29/2015Cartier Resources Inc. Announces AGM Election Results
5/26/2015Cartier Generates New Priority Drill Targets on Benoist Prop...
5/6/2015Cartier Announces Management Changes
4/23/2015Corporate Presentation - April 2015
4/8/2015Cartier Closes a $140,000 Private Placement
3/17/2015Cartier Closes a $75,000 Private Placement With SODEMEX II
3/11/2015Cartier Closes a $100,000 Private Placement with SIDEX
2/17/2015Cartier Resources Inc. : Geophysics in Progress on Benoist P...
2/3/2015Cartier Tests Extension of Massive Sulphides Zone on the Mac...
1/27/2015Cartier Resources Inc.: New Tool Maps Pusticamica Deposit on...
1/13/2015Cartier and Sphinx Intersect 25.1 g/t Gold Over 1.0 m on Dol...
12/30/2014Cartier Closes a Private Placement of $250,000
12/24/2014Cartier Sells La Pause Property to Sunset Cove Mining
12/12/2014Cartier Resources Inc. Grants Stock Options
11/25/2014Cartier Intersects 11.5% Zn, 0.2% Cu, 44.2 g/t Ag and 2.0 g/...
11/20/2014Cartier Sells the Diego Property to Standard Graphite
11/6/2014Cartier and Sphinx Drill the Extensions of the Gold Zones on...
10/30/2014Cartier Drills the Massive Sulphides (Zn-Cu-Ag) on the MacCo...
10/22/2014Cartier and Donner: Closing of Option and Joint Venture Agre...
9/30/2014Cartier Grants Donner an Option on Dollier Project
9/23/2014Cartier Resources Inc.: Gold Potential of South Area of Chim...
9/16/2014Cartier Resources Inc.: Amended Option on Fenton Deposit
9/9/2014Cartier Resources Inc.: New Exploration Targets in The Centr...
8/26/2014Cartier Resources Inc.-Chimo Mine Project: Three New Potenti...
6/27/2014Cartier Annouces the Closing of Two Private Placements for a...
6/9/2014Eclipse Resources Corporation Launches Initial Public Offeri...
6/6/2014Cartier Resources Inc. Announces AGM Election Results
2/27/2014Drills 10=2E3 g/t Au over 5=2E0 m Below Pusticamica Deposit ...
12/19/2013Annouces the Closing of Two Private =?ISO-8859-1?Q?=20Placem...
11/26/2013(Diego)and Weststar Terminate LOI for Diego
8/22/2013(Diego)Grants Extension to Weststar for Diego
5/27/2013Announces AGM Election Results
5/24/2013Inc=2E: 2013 Drilling Confirms Continuity of Mineralization ...
5/23/2013(Diego)Inc=2E: Agreement With Weststar Resources on the Diego Prope...
4/22/2013Adopts Advance Notice By-Law
11/5/2012Cuts 24.5 g/t Gold Over 3.0 Meters on Benoist Project
6/28/2012Targets to Increase Volume of thePusticamica Gold Deposit / ...
5/25/2012Announces AGM Election Results
5/3/2012Drills Massive Sulphides Grading up =?ISO-8859-1?Q?to=2010=2...
2/2/2012Provides 2011 Review and 2012 Plan
11/24/2011Receives Environmental and Social Responsibility Award
9/28/2011(Cadillac Extension)Cuts 1.3% Zinc Over 32 Metres on Cadillac Extension
9/7/2011Dr. Gaetan Lavalliere Joins Cartier Team
7/21/2011(Dollier)Conducts Deeper Drilling on Dollier Gold Discovery
5/24/2011Inc=2E Announces the Results of the Annual General Meeting
5/5/2011Cuts 618.5 g/t (18.0 oz/t) Silver in Drilling
5/3/2011(Dollier)Confirms Continuity of Gold Zones on Dollier
3/15/2011Inc=2E: High Priority Targets Identified on Riviere Dore Pro...
7/13/2010Launches a Major Airborne Survey on Its Copper Discovery
5/6/2010Announces a $745,000 Financing
3/25/2010Confirms Polymetalic VMS Potential at Depth on MacCormack
10/6/2009Commences a 4000-Meter Drill Program on the MacCormack Gold ...
7/2/2009Confirms Gold Potential with 19.55 g/t Au on Rambull Propert...
5/28/2009Amendment of Manneville-Villemontel Option Agreement
12/29/2008Amended Press Release
12/23/2008Announces Closing of a $620,880 Financing
6/30/2008Confirms Extension of North Gold Zone With 7.3 g/t Au Over 1...
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TSX-V (ECR.V)OTHER OTC (ECRFF)
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