$CD.V

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Cantex Raising C$3 Million to Drill North the Rackla Project in the Yukon

Cantex Mine Development (CD.V) aims to raise up to C$3 million in a private placement to advance drilling at the North Rackla silver-lead-zinc project in the Yukon.The company is offering a mix of charity flow-through share units priced at C$0.3625, flow-through shares priced at C$0.30 and common-share units priced at C$0.25. The units include one half of a two-year warrant to buy a share for C$0.40.Cantex will use the funds for qualified critical mineral exploration expenditures on North Rackla as well as for general operating costs.The company's shares last traded Thursday, closing at C$0.23 on the TSX Venture Exchange.

$CD.V

Mining & Metals42d ago

Cantex Mine Development Begins 2026 Drill Program North Rackla, Yukon

Cantex Mine Development (CD.V) has started drilling at its 100% owned silver-lead-zinc-germanium North Rackla project in the Yukon, it said on Thursday.The program will include drilling aimed at expanding the strike length and depth extent of the silver-lead-zinc-germanium mineralization, it said.Newly discovered targets of anomalous gold and areas where prospecting has discovered high grade copper and silver-lead-zinc will be drilled on the large 14,077-hectare North Rackla property, it added.Shares of the company were last seen down 1.7% at $0.285 on the TSX Venture Exchange.Price: $0.29, Change: $-0.01, Percent Change: -1.72%

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