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
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