Cantex Mine Development Corp V.CD

Alternate Symbol(s): CTXDF

Metals & Mining Industrial Metals & Minerals

Cantex Mine Development Corp. is a Canada-based exploration stage company. The Company's principal business activity is the acquisition and exploration of mineral properties for commercial mineral deposits. The Company’s primary project is located approximately 100 kilometers northeast of Mayo, Yukon Territory, Canada. The Company has approximately 1,075 claims covering over 21,500 hectares in the Yukon. The Company has a 100% interest in four groups of gold exploration claims comprising of approximately 86 claims. The Company has two projects in Yemen: Al Hariqah (Gold) and Al Masna (Nickel, Copper, Cobalt). The Company owns 60% interest in the Al Hariqah (Gold) project. The Al Hariqah is a gold deposit is located approximately 130 kilometers (km) northwest of Sana'a Yemen. The Al Masna'a nickel, copper, cobalt project is located in the Saadah region approximately 205 km north-northwest of the capital city, Sana'a, and 25 km south of the border with Saudi Arabia.

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Cantex Mine Development Corp

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Post by Scruffon Jun 13, 2019 7:25pm

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Post# 29824526

NEWS-STOCK OPTIONS

Cantex grants options to buy 1.12 million shares

2019-06-13 14:37 ET - News Release

Mr. Chad Ulansky reports

CANTEX ANNOUNCES GRANT OF STOCK OPTIONS

Cantex Mine Development Corp. has granted a total of 1.12 million options to certain directors and officers of the company as of June 4, 2019. The options have an exercise price of $3.60 and a term of six years, expiring June 4, 2025. The shares issuable on exercise of these options are subject to a hold period expiring Oct. 14, 2019. Concurrent with this, 4,667 previously issued options have been cancelled; these options had an exercise price of $1.20.

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