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Cartier Resources ( (TSE:ECR) ) has provided an announcement.
Cartier Resources Inc. has announced a private placement offering to raise up to $7,300,160 through the issuance of flow-through and hard dollar units. The proceeds will fund exploration expenses in Québec, including a significant diamond drill program on the Cadillac project, enhancing the company’s exploration capabilities and potentially strengthening its position in the mining sector.
More about Cartier Resources
Cartier Resources Inc. is a company operating in the mining industry, primarily focused on exploration projects in Québec, Canada. The company engages in the development of mineral resources, with a particular emphasis on gold exploration.
YTD Price Performance: 16.67%
Average Trading Volume: 194,120
Technical Sentiment Consensus Rating: Sell
Current Market Cap: C$38.28M
For an in-depth examination of ECR stock, go to TipRanks’ Stock Analysis page.
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