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Cartier Resources Inc.

09:37 AM EST - Cartier Resources Inc. : announced that it has signed a Letter of Intent for its Riviere Dore property, located south-east of the town of Val-d'Or in the province of Quebec with Copper One Inc. (TSXV: CUO). Under the terms of the LOI, Copper One is granted an Initial Option to acquire an undivided 51% interest in the Riviere Dore property by making cumulative exploration expenditures of $5,000,000 on or before December 31, 2015, including a firm first year commitment of $750,000 and paying $250,000 and issuing to Cartier 350,000 common shares of Copper One. Cartier Resources Inc. shares V.ECR are trading even at $0.35.