KELOWNA, BC, June 17, 2011 /CNW/ - Cantex Mine Development Corp. (TSXV: CD) (the "Company", "Cantex") wishes to announce that it will be conducting a non-brokered, "best-efforts" private placement of approximately C$2 million of Cantex securities consisting of "flow-through" common shares at an issue price of $0.065 per share, subject to regulatory approval.
The proceeds from the issuance of the flow-through shares shall be used to finance an exploration program focused the Company's gold claims in the Yukon Territory
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