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ECR Cartier Resources News Story

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Brief: Cartier Resources Inc to sell 22.25 mln common shares of company

May 8 (Reuters) - Cartier Resources Inc  ECR.V :  
    * Cartier Resources announces $6.0 million bought deal 
private placement 
    * Cartier Resources Inc - to sell 22.25 million common 
shares of company at a price of $0.27 per offering share 
    * Cartier Resources - proceeds raised through offering will 
be used to fund further exploration on co's Chimo Mine, Wilson, 
Benoist, Fenton properties 
    * Cartier Resources-net proceeds raised through offering 
will be used to fund further exploration on co's Chimo mine, 
Wilson, Benoist and Fenton properties 
 
Source text for Eikon:  ID:nCNWdMGNZa  
Further company coverage:  ECR.V  
 
 ((Bangalore.newsroom@thomsonreuters.com;))

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