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.

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Cantex Mine Development Corp

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Comment by drew17on May 02, 2003 4:37pm

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Post# 6062531

RE: Potential AGM Questions

Hi Thomsoni, I believe JD moved to Calgary to pursue other opportunities. I didn't find anything specific in the annual/quarterly reports listing any compensation for JD upon departure so most likely there wasn't any as I believe he voluntarily stepped down. I believe the question is still relevant as it hasn't been answered yet. I certainly would have posted the question to be asked earlier say at the AGM in 2002 but there wasn't one! I understand that any options still held by departing board members expire (if not actioned) within a certain time frame (6 months?) but as these were probably worthless at the time this most likely happened. drew17

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