Cantex Mine upsizes private placement to $3.5 million

Reuters2026/09/09 02:02

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Cantex Mine Development upsized its private placement to $3.5 million due to added investor demand.
Offering includes CFT units at $0.36, FT shares at $0.3, hard units at $0.25.
Each whole warrant allows purchase of one non-flow-through share at $0.4 within two years.
First tranche closed with gross proceeds of $1.93 million.
Proceeds earmarked for critical minerals exploration at the North Rackla project in Yukon, general operating costs.

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: 202609082201CANADANWCANADAPR_C8361) on September 09, 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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Cantex Mine upsizes private placement to $3.5 million

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