Cartier Resources Inc announced a non-brokered private placement that it has issued up to 13,000,000 national flow-through common shares at an issue price of CAD 0.10 per share for the gross proceeds of CAD 1,300,000 and up to 11,000,000 Québec flow-through common shares at an issue price of CAD 0.11 per share for the gross proceeds of CAD 1,210,000 for the aggregate gross proceeds of CAD 2,510,000 on December 14, 2023. In connection with the Flow-Through Private Placement, the company paid a finder's fee to Mine Equities Ltd., an exempt market dealer, consisting of 1,506,000 common shares of the company. All securities issued pursuant to the Flow-Through Private Placement will be subject to a hold period of four months and one day in accordance with applicable Canadian securities laws. The transaction is subject to to the approval of the TSX Venture Exchange. The transaction included participation from four investors.

On December 15, 2023, the company announced that the transaction has been approved by the TSX Venture Exchange.