|By Marketwired .||
|June 27, 2014 03:16 PM EDT||
VAL-D'OR, CANADA -- (Marketwired) -- 06/27/14 -- Cartier Resources Inc. (TSX VENTURE:ECR) ("Cartier") is pleased to announce the closing of two private placements without intermediate.
1. The first private placement is a non-flow-through private placement with accredited investors, directors, officers and friends and consists of 95 units for an amount of $95,760. 2. The second private placement is a flow-through private placement with accredited investors, directors, officers, friends and business associates and consists of 530 units for an amount of $530,000.
Each unit of the non-flow-through private placement, at a price of $1,008 per unit, is comprised of 8,400 common shares at a price of $0.12 per share and 8,400 common share purchase warrants. Each warrant entitles the holder to subscribe for one (1) common share at a price of $0.20 for a period of 24 months following the closing date. Thus, an aggregate of 798,000 common shares and 798,000 warrants were issued, of which 84,000 common shares and 84,000 warrants were issued to one insider of Cartier.
Under the flow-through private placement, each unit, at a price of $1,000 per unit, is comprised of 6,250 flow-through common shares at a price of $0.16 per share. Thus, the following securities were issued by Cartier, 3,312,500 flow-through shares at a price of $0.16 per share for an amount of $530,000, of which 50,000 flow-through shares ($8,000) were issued to one insider of Cartier.
The securities issued under both private placements are subject to a four (4) month and one (1) day statutory hold period.
The proceeds of both placements will be used by Cartier to conduct exploration, mainly on the Benoist project.
This press release is not an offer or a solicitation of an offer of securities for sale in the United States. The securities have not been and will not be registered under the U.S. Securities Act of 1933, as amended, and may not be offered or sold in the United States absent registration or an applicable exemption from registration.
The common shares of Cartier Resources Inc. are listed on the TSX Venture Exchange under the symbol "ECR".
Neither, the TSX Venture Exchange or its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
“RackN is a software company and we take how a hybrid infrastructure scenario, which consists of clouds, virtualization, traditional data center technologies - how to make them all work together seamlessly from an operational perspective,” stated Dan Choquette, Founder of RackN, in this SYS-CON.tv interview at @DevOpsSummit at 18th Cloud Expo, held June 7-9, 2016, at the Javits Center in New York City, NY.
Jan. 17, 2017 01:15 PM EST Reads: 3,493
"There's a growing demand from users for things to be faster. When you think about all the transactions or interactions users will have with your product and everything that is between those transactions and interactions - what drives us at Catchpoint Systems is the idea to measure that and to analyze it," explained Leo Vasiliou, Director of Web Performance Engineering at Catchpoint Systems, in this SYS-CON.tv interview at 18th Cloud Expo, held June 7-9, 2016, at the Javits Center in New York Ci...
Jan. 17, 2017 12:45 PM EST Reads: 5,512
The 20th International Cloud Expo has announced that its Call for Papers is open. Cloud Expo, to be held June 6-8, 2017, at the Javits Center in New York City, brings together Cloud Computing, Big Data, Internet of Things, DevOps, Containers, Microservices and WebRTC to one location. With cloud computing driving a higher percentage of enterprise IT budgets every year, it becomes increasingly important to plant your flag in this fast-expanding business opportunity. Submit your speaking proposal ...
Jan. 17, 2017 12:45 PM EST Reads: 5,041
@DevOpsSummit taking place June 6-8, 2017 at Javits Center, New York City, is co-located with the 20th International Cloud Expo and will feature technical sessions from a rock star conference faculty and the leading industry players in the world. @DevOpsSummit at Cloud Expo New York Call for Papers is now open.
Jan. 17, 2017 12:45 PM EST Reads: 3,401
"Tintri was started in 2008 with the express purpose of building a storage appliance that is ideal for virtualized environments. We support a lot of different hypervisor platforms from VMware to OpenStack to Hyper-V," explained Dan Florea, Director of Product Management at Tintri, in this SYS-CON.tv interview at 18th Cloud Expo, held June 7-9, 2016, at the Javits Center in New York City, NY.
Jan. 17, 2017 12:45 PM EST Reads: 4,351
Jan. 17, 2017 12:21 PM EST
Jan. 17, 2017 12:15 PM EST Reads: 6,231
Jan. 17, 2017 12:15 PM EST Reads: 2,432
Jan. 17, 2017 11:45 AM EST Reads: 1,901
Jan. 17, 2017 11:45 AM EST Reads: 4,171
Jan. 17, 2017 11:45 AM EST Reads: 5,702
Jan. 17, 2017 11:30 AM EST Reads: 1,741
Jan. 17, 2017 11:15 AM EST Reads: 451
Jan. 17, 2017 11:15 AM EST Reads: 557
Jan. 17, 2017 10:45 AM EST Reads: 9,410