Cartier Iron Closes Previously Announced Financing
Cartier Iron Corporation (CSE: CFE) (“Cartier Iron” or the “Corporation”), is pleased to announce that it is has closed the previously announced (see Cartier Iron news release dated December 15, 2020) non-brokered private placement (the “Private Placement”) of 2,500,000 flow-through shares of Cartier Iron at a price of $0.14 per share (“F-T Shares”) for proceeds of $350,000. Each F-T Share was issued on a “flow-through” basis under the Income Tax Act (Canada). Insiders of Cartier Iron subscribed for 714,287 F-T Shares in the Private Placement.