August 21, 2014 1:52 PM ET

Diversified Financial Services

Company Overview of Cartier Iron Corporation

Company Overview

Cartier Iron Corporation, an exploration stage company, engages in the acquisition, exploration, and development of mineral resource properties in Canada. The company holds a 100% interest in the Borel River iron ore property, which consists of 108 claims covering an area of approximately 4,459 hectares and is located in northern Quebec. It also holds an option to acquire 65% interest in the Gagnon Holdings comprising 378 claims covering an area of approximately 200.24 square kilometers and is located in the southern Labrador Trough, northeastern Quebec. The company was formerly known as Northfield Metals Inc. and changed its name to Cartier Iron Corporation in January 2013. Cartier Iron Cor...

20 Adelaide Street East

Suite 301

Toronto, ON M5C 1K6

Canada

Phone:

416-360-8006

Fax:

416-361-1333

Key Executives for Cartier Iron Corporation

Chief Executive Officer
Age: 59
President and Director
Chief Financial Officer and Director
Age: 58
Vice-President of Finance and Treasurer
Age: 41
Vice President and Secretary
Compensation as of Fiscal Year 2014.

Cartier Iron Corporation Key Developments

Northfield Presents at Credit Suisse Quantitative Conference - The Return of Alpha, Jun-25-2014

Northfield Presents at Credit Suisse Quantitative Conference - The Return of Alpha, Jun-25-2014 . Venue: Credit Suisse New York, One Madison Avenue at 24th Street, New York, New York, United States. Speakers: Dan diBartolomeo.

Cartier Iron Corporation, Annual General Meeting, Jun 30, 2014

Cartier Iron Corporation, Annual General Meeting, Jun 30, 2014., at 11:00 US Eastern Standard Time. Location: Suite 301, 20 Adelaide Street East. Agenda: To receive and consider the financial statements of the corporation for the year ended December 31, 2013 and 2012, together with the auditors' report thereon; to pass, with or without variation, a resolution reappointing Collins Barrow Toronto LLP, Chartered Accountants, as the auditors of the corporation and authorizing the directors to fix the terms of engagement and remuneration for such auditors; to elect as directors for the forthcoming year the nominees proposed by the management of the corporation; and to transact such further or other business as may properly come before the meeting or any adjournment thereof.

Cartier Iron Corporation Provides Penguin Lake Project Updates

Champion Iron Mines Limited reported that Cartier Iron Corporation announced an initial Mineral Resource Estimate (MRE) for the Penguin Lake Project located within what Cartier Iron refers to as the recently consolidated Round Lake Property, one of the Gagnon Holdings referred to by Champion as 'Cluster 3'. The Gagnon Holdings are currently being explored pursuant to an option agreement with Champion whereby Cartier Iron was granted the right to earn a 65% interest in the iron-rich mineral concession. The MRE reported 531.1 million tonnes grading 33.1% Total Iron ('FeT') of In-pit Inferred Resources at a 15% FeT cut-off grade. The 10 drill holes that define the MRE drilled only the southern portion of the deposit. The deposit occurs in the form of a multiply refolded tightly overturned synform that produces a bowl-like shape of shallow dipping iron formation host rock. No recent drilling has been completed in the northern portion of the deposit however, the strong correlation of magnetic response to where iron formation surfaces and a historic drill hole located in the NW portion of the deposit allow for projection of the modelled iron formation and an estimate of the exploration target potential. The interpreted 3D model of iron formation includes an additional 700 million to 900 million tonnes of similar grade as suggested by the current Inferred Resource, predominantly in the undrilled portion of the deposit to the north and northwest where additional resources might be identified. Cartier Iron also reported that additional work in the near-term at Penguin Lake will include metallurgical studies followed by a Preliminary Economic Assessment to establish the parameters required for the future development of the project.

Recent Private Companies Transactions

Type
Date
Target
Private Placement
June 24, 2014
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