Cantex Mine Development closes second tranche of private placement for $1.01 million proceeds
Reuters2026/09/11 23:21- 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.
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