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Bullboard - Stock Discussion Forum 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... see more

TSXV:CD - Post Discussion

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Post by Oregonduck on May 04, 2024 5:48pm

Options

As per latest financials, outstanding options exercisable are 1.5 million options at a weighted exercise price of $2.75 and 46 million warrants at an exercise price of $0.43. In the past, most options and warrants had expired worthless, except when the stock ran up on PP priced at $0.15 in 2019 with options at $0.25 and incentive options awarded in 2020 to Chad, Jenn and Vernon wherefore they all cashed out.

The latest 2 million options awarded are from rolling stock plan approved at the AGM. They have a term of 7 years and would not be exercisable for 5 years.
Comment by Waivergod on May 04, 2024 5:51pm
https://vgcx.com/production/eagle-gold-mine/first-nations-considerations/       here santa is yukons largest gold mine working with FNnnd band. This will be approved
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