Cantex Mine Development Corp. Announces C$3 Million Private Placement to Fund North Rackla Project Drilling

Reuters

2025/07/11

<a href="https://laohu8.com/S/CTXDF">Cantex Mine Development Corp.</a> Announces C$3 Million Private Placement to Fund North Rackla Project Drilling

Cantex Mine Development Corp. is set to raise up to C$3,000,000 through a non-brokered private placement to fund drilling activities at its North Rackla project in Yukon. The financing sees increased investment from Crescat Capital and Rob McEwen, founder of Goldcorp and McEwen Mining. The project, known for its promising zinc and germanium grades, is considered by Crescat Capital to have significant potential. Dr. Charles Fipke, Chairman of Cantex, will also participate in the offering through 0974052 B.C. Ltd., acquiring units valued at C$500,000.

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: C8617) on July 11, 2025, and is solely responsible for the information contained therein.

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The project, known for its promising zinc and germanium grades, is considered by Crescat Capital to have significant potential. Dr. Charles Fipke, Chairman of Cantex, will also participate in the offering through 0974052 B.C. Ltd., acquiring units valued at C$500,000.\n      </p>\n</div><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<em>Disclaimer: <span>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. 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Announces C$3 Million Private Placement to Fund North Rackla Project Drilling\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1032215980\">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time smaller\">2025-07-11 18:00</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<html xmlns=\"http://www.w3.org/1999/xhtml\" xmlns:newsg2=\"http://iptc.org/std/nar/2006-10-01/\" xmlns:xhtml=\"http://www.w3.org/1999/xhtml\"><head><title>\n      <a href=\"https://laohu8.com/S/CTXDF\">Cantex Mine Development Corp.</a> Announces C$3 Million Private Placement to Fund North Rackla Project Drilling\n    </title></head><body><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<p>\n        Cantex Mine Development Corp. is set to raise up to C$3,000,000 through a non-brokered private placement to fund drilling activities at its North Rackla project in Yukon. The financing sees increased investment from Crescat Capital and Rob McEwen, founder of Goldcorp and <a href=\"https://laohu8.com/S/MUX\">McEwen Mining</a>. The project, known for its promising zinc and germanium grades, is considered by Crescat Capital to have significant potential. Dr. Charles Fipke, Chairman of Cantex, will also participate in the offering through 0974052 B.C. Ltd., acquiring units valued at C$500,000.\n      </p>\n</div><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<em>Disclaimer: <span>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: C8617) on July 11, 2025, and is solely responsible for the information contained therein.</span></em>\n</div></body></html>\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4017","symbol_name":"黃金","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250711:nNDL8bDM8k:1","article_id":"2550348139","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2550348139","pubTimestamp":1752228026,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"Cantex Mine Development Corp. is set to raise up to C$3,000,000 through a non-brokered private placement to fund drilling activities at its North Rackla project in Yukon. 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