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Cantex Mine Development closes second tranche of private placement for $1.01 million proceeds
- Cantex Mine Development closed a second tranche of a private placement, raising CAD 1.01 million.
- Issuance included 2,400,000 charity flow-through units at CAD 0.36, 110,000 flow-through shares at CAD 0.3.
- Also sold 412,000 hard units at CAD 0.25; each unit included one share, one-half warrant exercisable at CAD 0.4.
- Proceeds earmarked for the North Rackla Project in Yukon, working capital.
- First tranche raised CAD 1.93 million; company expects to close a final tranche soon.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Cantex Mine Development Corp. published the original content used to generate this news brief via CNW (Ref. ID: 202609111920CANADANWCANADAPR_C2156) on September 11, 2026, and is solely responsible for the information contained therein.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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