Cantex Kickstarts Yukon Drilling with $1.1M Raise

Cantex Mine Development (TSE:CD) has released an update.

Cantex Mine Development Corp. has launched drilling operations at its North Rackla property in the Yukon and announced a $1.1 million private placement backed by significant investments from Dr. Charles Fipke and Crescat Capital LLC. The funds raised will support the drilling program, which previously yielded high copper grades, alongside the proceeds from a $3 million financing completed earlier in the year.

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