Cantex Mine Development Corp V.CD

labs are backed up

[Matteo1234]

Pappy. Good news raise to drill. KELOWNA, BC, April 28, 2023 /CNW/ - Cantex Mine Development Corp. (TSXV: CD) (the "Company") announces that, further to its news release of April 17, 2023 announcing a private placement (the "Offering"), the Company has closed the first tranche of the Offering ("the Tranche") and has received $1,268,500 by the issuance of 1,601,351 flow through units (the "FT Units") and 2,112,500 non flow-through units (the "Units"). FT Units were issued at $0.37 per FT Unit and Units were issued at $0.32 per Unit; each FT Unit is comprised of a flow through share and one-half of a non-flow through warrant and each Unit is comprised of one non-flow through share and one-half of a warrant. Each whole warrant entitles the holder to acquire one common share of the Company at a price of $0.45 for a term of two years from closing.

[Massivesulfide]

It's partially good news Matteo. We need to find out who will participate in the $5 million raise to follow to fund this year's North Rackla drill. If it's some of the heavy hitters that I've heard mentioned in the back hallways that will be very promising. If it's just Chuck again, then we have the dogged fearless leader heading into the wilderness alone again. Also, if new