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Cantex closes first tranche of private placement raising $1.93 million

PUBT·08/12/2026 21:46:24
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Cantex closes first tranche of private placement raising $1.93 million
  • Cantex closed a first tranche of a non-brokered private placement, raising gross proceeds of $1,929,900.
  • Issued 4,428,000 charity flow-through units at $0.36, 283,333 flow-through shares at $0.3, 959,000 units at $0.25.
  • Each whole warrant allows purchase of one share at $0.4 for two years.
  • CEO Chad Ulansky subscribed for 100,000 flow-through shares for $30,000.
  • Proceeds earmarked for North Rackla exploration in Yukon, including drilling on gold, copper, silver-lead-zinc-germanium targets.


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 on August 12, 2026, and is solely responsible for the information contained therein.