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To: Goose94 who wrote (64446)	8/3/2019 9:24:23 PM
From: Goose94	Read Replies (1) \| Respond to of 203329

Cantex Mine Development (CD-V) intraday new 52 week high, $6.17

To: Goose94 who wrote (64446)	8/22/2019 11:50:19 AM
From: Goose94	Read Replies (2) \| Respond to of 203329

Cantex Mine Development (CD-V) Aug 22, '19 has closed its bought deal private placement, resulting in gross proceeds of $12,005,160, which includes the exercise in full of the underwriters' option of $2-million. At closing, the company issued 1,083,000 charity flow-through common shares at a price of $6.52 per share and a further 824,000 flow-through common shares at a price of $6 per share. All flow-through common shares issued under the offering are subject to a four-month hold period expiring on Dec. 23, 2019. In connection with the offering, the company paid a cash commission to the co-lead underwriters of the offering, being Canaccord Genuity Corp. and Leede Jones Gable Inc., equal to 6 per cent of the gross proceeds of the offering (other than in respect of sales to certain president's list subscribers, which a cash commission of 3 per cent was paid). Gross proceeds from the offering will be used by the company to incur eligible Canadian exploration expenses that will quality as flow-through mining expenditures, as such terms are defined in the Income Tax Act (Canada). All qualifying expenditures will be renounced in favour of the subscribers of the flow-through common shares, effective Dec. 31, 2019. The offering is subject to final acceptance of the TSX Venture Exchange. Cantext Mine Development Corp. , please contact: Chad Ulansky, President & Chief Executive Officer, (250) 860-8599Copyright CNW Group 2019