Cartier Resources Inc. announced a non-brokered private placement of 5,140,000 national flow-through common shares at a price of CAD 0.155 per share and 4,545,455 Québec flow-through common shares at a price of CAD 0.165 per share for aggregate gross proceeds of CAD 1,546,700 on May 1, 2023. In connection with the transaction, the company paid a finder's fee to Mine Equities Ltd., comprised of an amount of CAD 46,401 in cash and 331,435 common shares of the Company. The closing of the transaction is subject to the approval of the TSX Venture Exchange.

The TSX Venture Exchange has accepted for filing documentation with respect to the transaction. The transaction included participation from three placees.