Cantex Mine Development Corp.

Cantex Mine Development Corp. announces that, in accordance with the Company's Stock Option Plan, it has granted an aggregate of 2,100,000 options to certain directors, officers, and consultants of the Company. The options are exercisable at a price of $0.30 and have a term of 7 years expiring January 16, 2033. The options also vest in their entirety at the end of 5 years, provided that if an optionee ceases to be a bona [...]

Cantex Mine Development is pleased to announce that it closed the previously announced non-brokered private placement on August 14, 2025. The Offering consisted of 21,333,332 charity flow through units at $0.21 per CFT Unit and 5,731,372 hard units at $0.14 per Unit for total gross proceeds of $5,282,391.80. Each CFT Unit is comprised of one flow through share and one non-flow through warrant. Each Unit is comprised of [...]

Cantex Mine Development is pleased to announce that it has closed the first tranche of its previously announced non-brokered private placement. The first tranche of the Offering consisted of 4,839,999 charity flow through units at $0.21 per CFT Unit and 5,731,372 hard units at $0.14 per Unit for total gross proceeds of $1,818,791.87. Each CFT Unit is comprised of one flow through share and one non-flow through warrant [...]

Further to its news release of July 11, 2025, the Company is pleased to announce that, due to added interest, it has elected to increase the amount of its previously announced private placement to $5,000,000. All other terms remain the same. Cantex is pleased to announce that Crescat Capital has increased its participation in the placement to $800,000. The Company will be using the proceeds of the placement on its soon to [...]

Cantex Mine Development is pleased to announce that it will undertake a non-brokered private placement to raise gross proceeds of up to C$3,000,000 for drilling commencing this summer on its 100% owned North Rackla project. Cantex is pleased to announce that both Crescat Capital and Rob McEwen are increasing their investment in Cantex through this placement. "Last year's drilling, though limited in scope, yielded some [...]

Cantex Mine Development is pleased to provide the exploration plans for 2025 on its 100-percent-owned 14,077 ha North Rackla claim block. Dr. Charles Fipke reports Massive Sulphide Silver-Lead-Zinc-Germanium Project Cantex's directors continue to be impressed with the scale and grade of the mineralization at the Massive Sulphide project. Drilling in 2024 brought the drill confirmed strike length to 2.65 kilometres and [...]

Cantex Mine Development is pleased to provide an update on its 100-percent-owned 14,077 hectare North Rackla claim block. Dr. Charles Fipke reports Germanium in Sphalerite Results Cantex's directors are pleased to provide a summary of the germanium results received from the Company's Massive Sulphide project in the Yukon, Canada. Since its discovery, the Massive Sulphide project contains silver, lead and zinc values [...]

Cantex Mine Development is pleased to provide an update on its 100-percent-owned 14,077 hectare North Rackla claim block in the Yukon. Dr. Charles Fipke reports Bulk Germanium Results Cantex's directors are pleased to report bulk germanium results from the 2024 drilling program. Germanium analyses were completed on all intercepts with elevated silver-lead-zinc analyses. The 180 g/t germanium was in a 2.53 metre intercept [...]

Cantex Mine Development is pleased to provide an update on its 100-percent-owned 14,077 hectare North Rackla claim block. Dr. Charles Fipke reports Main Zone Drilling Cantex is pleased to receive the base metal results from the remaining holes at its 2024 drill program at North Rackla. The drilling at the Massive Sulphide Zone focused on the Discovery Sector and successfully extended the strike length of the Main Zone to [...]

Cantex Mine Development 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 securities issued in the Offering are subject to a four month hold period, expiring on April 24, 2025. Proceeds from the Offering [...]