Cantex Mine Development Corp V.CD

Alternate Symbol(s): CTXDF

Metals & Mining Industrial Metals & Minerals

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

Cantex Mine Development Corp

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Post by rtszdon Jun 20, 2013 7:02am

332 Views

Post# 21546605

Time for Stock Option Revision!

Given the 1:15 consolidation, it is time for revisiting insider stock options! Load up the bus @$0.1? versus $1.50!

Cantex Mine Development Corp (2)
Symbol	C : CD
Shares Issued	27,109,891
Close 2013-06-14	C$ 0.01
Recent Sedar Documents View Original Document

Cantex closes rollback, to begin trading June 18

2013-06-17 17:52 ET - News Release

Mr. Chad Ulansky reports

CANTEX CONFIRM SHARE CONSOLIDATION

Cantex Mine Development Corp. has completed the consolidation of its issued common shares on the basis of one new common share for 15 old common shares as approved by the TSX Venture Exchange and consented to by the shareholders at the company's annual general and special meeting held on Jan. 25, 2013. Effective at the opening on June 18, 2013, the common shares of the company will commence trading on the TSX Venture Exchange on a consolidated basis. There is no change to the company's name or trading symbol.

Letters of transmittal describing the process by which shareholders may obtain new share certificates representing their consolidated common shares will be mailed shortly to registered shareholders. Shareholders who hold their shares through a broker or other intermediary and do not have shares registered in their name will not be required to complete a letter of transmittal. No fractional shares will be issued under the share consolidation, and any fraction will be rounded to the nearest whole number.

Following the consolidation and subject to rounding, the company will have issued and outstanding 27,109,891 common shares, 982,667 stock options with a weighted average price of $1.50 per share and 566,667 warrants with a weighted average price of $1.50 per share.

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Two micro-cap stocks with strong fundamentals