Brief: Cartier resources announces a strategic investment by Agnico Eagle
19/12/2016 22:17
Dec 19 (Reuters) - Cartier Resources Inc ECR.V :
* Cartier Resources announces a strategic investment by
Agnico Eagle
* Cartier Resources - on closing of transaction, Agnico will
own approximately 19.97 pct of issued and outstanding common
shares on a non-diluted basis
* Cartier Resources -agreed to acquire by way of private
placement 22.5 million common shares of co at price of $0.20/
common share for proceeds of $4.5 million
* Proceeds from offering shall be primarily used for
exploration at cartier's five main projects located in québec
Source text for Eikon: ID:nCCN73SjWK
Further company coverage: ECR.V
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