Cartier Closes Private Placement Financing

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Summary

The Private Placement remains subject to the final approval of the TSX Venture Exchange.Cartier Resources Inc., which was founded in 2006, is an exploration company based in Val-dOr. Cartiers projects are all located in Quebec, which regularly ranks among the best mining jurisdictions in the world. Cartier has significant corporate and institutional supports, notably with Agnico Eagle, O3 Mining and the Quebec investment funds.Cautionary StatementCertain statements contained in this press release constitute forward-looking information under the provisions of Canadian securities laws including statements about the Companys plans. Such statements are necessarily based upon a number of beliefs, assumptions, and opinions of management on the date the statements are made and are subject to numerous risks and uncertainties that could cause actual results and future events to differ materially from those anticipated or projected. The Company undertakes no obligation to update these forward-looking statements in the event that managements beliefs, estimates or opinions, or other factors should change, except as required by law.Neither the TSX Venture Exchange nor its regulatory services provider accepts responsibility for the adequacy or accuracy of this press release.

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