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Cantex Mine Development Corp V.CD

Alternate Symbol(s):  CTXDF

Cantex Mine Development Corp. is an exploration stage company. Its principal business activity is the exploration and development of mineral properties for commercial mineral deposits, and it is considered to be at the exploration stage. It is focused on its 100% owned 20,000-hectare (ha) North Rackla Project located about 150 kilometers (km) northeast of the town of Mayo in the Yukon Territory, Canada where high-grade massive sulphide mineralization has been discovered. Over 60,000 meters of drilling has defined high grade silver-lead-zinc-germanium mineralization over 2.3 km of strike length and 700 meters depth. It has a 100% interest in four mineral properties in Nevada. It has two projects in Yemen: Al Hariqah (Gold) and Al Masna (Nickel, Copper, Cobalt). The Al Hariqah is a near-surface gold deposit located about 130 km northwest of Sana’a, Yemen. The Al Masna’a nickel, copper, cobalt project is located in the Saadah region some 205 km north-northwest of the capital city, Sana’a.


TSXV:CD - Post by User

Post by thebakeron Jan 05, 2000 10:39am
329 Views
Post# 1194513

Lawsuit - Dissenters

Lawsuit - DissentersI have been watching this board for over a month. In regards to the dissenting shareholders, someone provided a link to the securities commision rules regarding this, last month. According to the rules, the dissenters are limited to receiving the value of their shares when they chose to vote against the merger. As long as the proper procedures were followed by Cantex directors, I would expect this to be the result. I do not know what this amounts to, but I expect it is the amount in the "Finncials" we recieved last month. I can see where the dissenters are hopeing for more. They should have taken the original stock offer and now they could be happy with the money they are going to make.
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