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Cartier Announces the Closing of a $600,000 Private Placement
Published : December 20, 2012
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Keywords :   Cartier | Metals X | Total |

VAL-D'OR, QUEBEC--(Marketwire - Dec. 20, 2012) - Cartier Resources Inc. (News - Market indicators) ("Cartier") is pleased to announce the closing of a private placement of 3,000,000 units conducted with various Québec Institutional Funds without intermediate agent for a total amount of $600,000.

Each unit, at a price of $0.20 per unit, is comprised of one (1) common share and one half common share purchase warrant. Each warrant entitling the holder to subscribe for one (1) common share at a price of $0.30 for a period of 18 months following the closing date.

Thus, an aggregate of 3,000,000 shares and 1,500,000 share purchase warrants were issued. The securities issued under the private placement are subject to a four (4) month and one (1) day statutory hold period.

The proceeds of the offering will be used by Cartier to conduct exploration, mainly on the Benoist project which returned excellent results from the most recent drilling program.

This press release is not an offer or a solicitation of an offer of securities for sale in the United States. The securities have not been and will not be registered under the U.S. Securities Act of 1933, as amended, and may not be offered or sold in the United States absent registration or an applicable exemption from registration.

The common shares of Cartier Resources Inc. are listed on the TSX Venture Exchange under the symbol "ECR".

Neither, the TSX Venture Exchange or its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Philippe Cloutier
President and CEO
Cartier Resources Inc.
819 874-1331 or Toll-free : 877 874-1331
819 874-3113 (FAX)
info@ressourcescartier.com
www.ressourcescartier.com
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Cartier Resources Inc.

EXPLORATION STAGE
CODE : ECR.V
ISIN : CA1467721082
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Financings of Cartier Resources Inc.
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.
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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