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April 25, 2015 3:29 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 and Director
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

Cartier Iron Corporation Appoints Michel G. Gagnon as Independent Member of its Board of Directors

Cartier Iron Corporation announced that Michel G. Gagnon, ICD. D., has joined Cartier as an independent member of its Board of Directors, effective immediately. Mr. Gagnon is an executive currently developing a large energy project in Quebéc. He is also a Board member of a marine transportation company as well as one in the metals industry. Prior to November 2012, Mr. Gagnon was employed for 20 years by Sept-îles-based Aluminiere Alouette Inc., reaching the position of Vice President, Finance and Business Development and Corporate Secretary.

Cartier Iron Corporation Appoints Thomas G. Larsen as Chief Executive Officer and Director

Cartier Iron Corporation announced that Thomas G. Larsen has been appointed as both Chief Executive Officer and a Director of the Company, effective immediately. As announced previously by Cartier Iron on August 28, 2014, Mr. Larsen recently resigned his position as President and Chief Executive Officer of Champion Iron Limited, an appointment which he assumed on completion of the merger of Mamba Minerals Ltd. and Champion Iron Mines Limited to continue as Champion Iron Limited effective April 1, 2014. Prior to that merger he was President and Chief Executive Officer of Champion Iron Mines Limited, now a wholly-owned subsidiary of Champion Iron Limited.

Cartier Iron Corporation Appoints Thomas G. Larsen as Chief Executive Officer and A Director, Effective Mid-September 2014

Cartier Iron Corporation announced that it has agreed to appoint Thomas G. Larsen as both Chief Executive Officer and a Director of the company, with both appointments to take effect at a specific time and date in mid-September 2014 to be determined and confirmed by Mr. Larsen. Recently, in April 2014, Mr. Larsen became President and Chief Executive Officer of Champion Iron Limited on completion of the merger of Mamba Minerals Ltd. and Champion Iron Mines Limited to continue as Champion Iron Limited effective April 1, 2014. Cartier Iron looks forward to benefitting from this experience when Mr. Larsen joins to take on the role of Chief Executive Officer and joins the Company's board.

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