Vancouver, British Columbia, January 29, 2013 - Cartier Iron Corporation (CNSX:CFE) is one of the latest new listings on the Canadian National Stock Exchange. The company previously traded on the TSX Venture Exchange under the name Northfield Metals.
Cartier is a junior exploration company focused on discovering and developing iron resources in the Labrador Trough area within the Province of Quebec. The company`s Borel River Property is located in Ungava Bay, in northern Quebec, where it is accessible from local communities by helicopter and float plane.
The Property is underlain by approximately 20 kilometres of a north-south trending iron formation between the Morgan Lake and Hopes Advance property holdings of Oceanic Iron Ore Corp.
For more information on this property, please refer to the NI 43-101 on Sedar.com.
The company`s other property, Gagnon Holdings, is located in the southern Labrador Trough in northeasten Quebec.
Two new independent directors have joined the board, Alexander Horvath, with more than 30 years` experience in the base and precious metals exploration business, and Switzerland-based Marcus Moser, with more than 20 years of in-depth exposure to capital markets in both the public and private sectors.
Paul Ankcorn, President & CEO stated, "We are pleased to have both Alex and Marcus join our board as independent directors and we look forward to their contributions as we build our company and unlock the value of our highly prospective iron property portfolio."
The company has 19.3 million shares outstanding, and is showing an opening bid of $0.25.
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