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TORONTO, May 05, May 05, 2020 (GLOBE NEWSWIRE via COMTEX) — TORONTO, May 05, 2020 (GLOBE NEWSWIRE) — Cartier Adamant Corporation (CSE: CFE) (“Cartier Iron” or the “Company”), announces that added to its abeyant 1,000m design conduct affairs for the Big Easy Gold activity (“Big Easy”)(see April 8, 2020 columnist release), the Company and the vendors of the Big Easy accept adapted the agreement of the Definitive Agreement, as adapted (“Agreement”), whereby Cartier Adamant acquired a 100% absorption in the Big Easy (See October 31, 2017, November 22, 2017 and April 26, 2019 columnist releases) such that Cartier Iron’s commitments pursuant to the Agreement accept been waived or adjourned as follows:

The adapted Agreement provides Cartier Adamant with bare adaptability in affiliation with advancing analysis programs at the Big Easy, whereby the contempo planned 1,000m assignment affairs was abeyant due to biking and assignment restrictions appearing from the COVID-19 communicable and breakable arena conditions, afterwards absolute the property’s appropriate allowing issues. As ahead announced, the assignment affairs was advised to analysis the amount of the Central IP chargeability aberration (see columnist absolution March 4, 2020). Hole BE18-30 on the west bend of this aberration intersected a above new aberrant about-face area allocation 0.11 g Au/t and 2.65 g Ag/t over 180.4m amount breadth (see columnist absolution December 20, 2018).



About Cartier Adamant Corporation



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Cartier Adamant is an analysis and development Company focused on advertent and developing cogent adamant ore assets in Quebec, and a potentially cogent gold acreage in the arena of Newfoundland and Labrador. The Company’s adamant ore projects accommodate the Gagnon Holdings in the southern Labrador Trough arena of east-central Quebec. The Big Easy gold acreage is amid in the Burin Peninsula epithermal gold belt in the Avalon Area of eastern Newfoundland.

Please appointment Cartier Iron’s website at www.cartieriron.com.

For added advice amuse contact:

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Thomas G. Larsen Jorge EstepaChief Executive Officer Vice-President(416) 360-8006 (416) 360-8006

The CSE has not advised nor accepts albatross for the capability or accurateness of this release. Statements in this absolution that are not absolute facts are “forward-looking statements” and readers are cautioned that any such statements are not guarantees of approaching performance, and that absolute developments or results, may alter materially from those in these “forward-looking statements”.

PDF available: http://ml.globenewswire.com/Resource/Download/040997c8-7fd0-4c3c-9176-66dc20798ae9

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Last Updated: May 23rd, 2020 by admin
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