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Cantex Mine Development Corp. — Capital/Financing Update 2024
Dec 24, 2024
44657_rns_2024-12-23_30ab46b0-49d9-4c5c-aa9b-ba1d01845527.pdf
Capital/Financing Update
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CANTEX
CANTEX RECEIVES APPROVAL FOR PRIVATE PLACEMENT
KELOWNA, BC, Dec. 23, 2024 /CNW/ - Cantex Mine Development Corp. (TSXV: CD) (OTCQB: CTXDF) (the "Company") is pleased to announce that, further to its news release earlier today, it has received approval from the TSX Venture Exchange for its $600,000 non-brokered private placement and issued 4,000,000 common flow through shares, which have been issued at $0.15 per share ("the Offering"). The securities issued in the Offering are subject to a four month hold period, expiring on April 24, 2025.
Proceeds from the Offering will be used to fund qualified critical mineral exploration expenditures on the Company's North Rackla project in the Yukon.
Signed,
Chad Ulansky
Chad Ulansky
President and CEO
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
SOURCE Cantex Mine Development Corp.
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For further information: Cantex Mine Development Corp, Tel: +250-860-8582, Email: [email protected]
CO: Cantex Mine Development Corp.
CNW 18:29e 23-DEC-24