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 Canbeaon Sep 20, 2023 5:09pm

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Post# 35646207

What's up

This deal with Crescat looks to be nice.
But I was hoping it would be like this deal that American Eagle just completed with Teck.
Maybe next time?

Following the issuance of the Charity FT Shares, Teck acquired the 5,940,000 common shares of American Eagle ("Common Shares")‎ for an aggregate purchase price of $1.66 million, or $0.28 per Common Share. Upon closing of the Offering, Teck now holds a total of 20,340,000 common shares of American Eagle, or approximately 19.9% of American Eagle's issued and outstanding common shares on a non-diluted basis.

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