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

Bullboard Posts

Post by rtszdon Jul 10, 2013 9:35am

277 Views

Post# 21598384

A Chuck-L of a Deal!

Cantex Mine Development Corp (2)
Symbol	C : CD
Shares Issued	27,109,890
Close 2013-07-08	C$ 0.19

What a cunning MOVE: stock DOWN, Chuck UP- a 51.88572141% ($0.11 vs $0.19) increase in ownership at a very vulnerable time! Strategic opportunity and well executed!
Shareholder Value: ?; Insider Value: priceless!

Cantex 14,066,162 shares for debt

2013-07-09 16:12 ET - Shares for Debt

The TSX Venture Exchange has accepted for filing Cantex Mine Development Corp.'s proposal to issue 14,066,162 shares at a deemed value of 11 cents per share to settle outstanding debt for $1,547,277.81.

Creditors: one

Insider: Kelex Development Ltd. (Charles Fipke)

Bullboard Posts

Two micro-cap stocks with strong fundamentals