Cantex Mine Development Corp.

Cantex is pleased to provide an update on its exploration program in the Yukon. Yukon Gold Program: Cantex has now completed its summer exploration program on its Yukon claim blocks. North Rackla Claim Block: Heavy mineral sampling of the 12,810 hectare North Rackla claim block completed in 2011 and 2012 identified substantial portions of the block to be highly anomalous in key pathfinder elements for Carlin-style [...]

Cantex is pleased to provide an update on its recent financing and current exploration work in the Yukon. Further to the news release of June 21, 2013, the private placement financing is now closed and was fully subscribed. The Company raised $2,381,000 through the issuance of 21,645,455 flow through shares at $0.11 per share. An additional $619,000 was raised through the issue of 5,627,273 non-flow through units at [...]

Cantex announces that, further to its news release of June 21, 2013, it has issued 14,066,162 shares of the Company to Kel-Ex Development, a company controlled by Dr. Charles Fipke, the Chairman of the Company, in settlement of $1,547,278 owing by the Company to Kel-Ex. The shares issued are subject to a hold period expiring November 10, 2013. The Company is proceeding with a private placement of its securities so as to [...]

Cantex wishes to announce that it intends to proceed with a private placement of its securities so as to raise up to $3,000,000. The Offering is to be a combination of flow-through shares at a price of $0.11 per share and non flow-through units at a price of $0.11 per unit, with each unit comprised of one share and one share purchase warrant entitling the holder to acquire a further share at a price of $0.15 for a term [...]

Cantex it has completed the consolidation of its issued common shares on the basis of one (1) "new" common share for fifteen (15) "old" common shares as approved by the TSV Venture Exchange and consented to by the shareholders at the Company's annual general and special meeting held on January 25, 2013. Effective at the opening on June 18, 2013, the common shares of the Company will commence trading on the TSX Venture [...]

Cantex Mine Development announces plan to proceed with a consolidation of the common shares of the Company on the basis of one (1) "new" common share for fifteen (15) "old" common shares as approved by shareholders at the Company's annual general meeting held on January 25, 2013. There are currently outstanding approximately 406.6 million common shares. The consolidation will reduce the number of common shares outstanding [...]

Cantex Mine Development announces that it has relinquished its exploration licenses covering the Suwar and Wadi Qutabah nickel-copper-cobalt project areas. Cantex, along with joint venture partners Falconbridge Ltd and Vale International SA, have conducted significant exploration on the Suwar and Wadi Qutabah licences. Unfortunately, the work to date has not shown Suwar to contain sufficient tonnage or Wadi Qutabah to [...]