Cartier Resources Inc. Announces AGM Election Results


VAL-D'OR, QUEBEC--(Marketwired - May 27, 2016) - Cartier Resources Inc. (the "Company") (TSX VENTURE:ECR) announces that at its annual general meeting held on May 26th, 2016 that the following people were elected as directors of the Company:

Michel Bouchard
Philippe Cloutier
Mario Jacob
Jean-Yves Laliberté
Daniel Massé

The proposal to maintain the stock option plan as presented in the Management Information Circular was approved by the shareholders at the annual general meeting. The proposal allows the Company to grant a number of stock options representing a maximum of 10% of the shares outstanding (on a non-diluted basis).

The proposal to appoint Deloitte LLP as auditors of the Company as presented in the Management Information Circular was approved by the shareholders at the annual general meeting.

Following the annual meeting, the Board of Directors named the following people as officers of the Company:

Philippe Cloutier, President and Chief Executive Officer;
Gaétan Lavallière, Vice President;
Nancy Lacoursière, Chief Financial Officer;
Jean-Yves Laliberté, Chairman of the board and Corporate Secretary.

Grant of Stock Options:

On May 26th, 2016, the Board of Directors awarded a total of 1,000,000 stock options to directors, officers and one employee of the Company. Pursuant to the terms of the Company's stock option plan, each option grants the holder of such option the right to purchase a common share of the Company at a price of $0.125 per share no later than May 26th, 2021.

The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this press release.

Contact Information:

Philippe Cloutier
President and CEO
Cartier Resources Inc.
(819) 874-1331 or Toll free: 877 874-1331
(819) 874-3113 (FAX)