July 27 (Reuters) - Cantex Mine Development Corp CD.V :
* CANTEX ANNOUNCES PRIVATE PLACEMENT
* CANTEX MINE DEVELOPMENT CORP - WILL UNDERTAKE A
NON-BROKERED
PRIVATE PLACEMENT TO RAISE GROSS PROCEEDS OF UP TO $5 MILLION
* CANTEX MINE DEVELOPMENT CORP - FLOW THROUGH SHARES ARE
PRICED AT
$1.70 AND CHARITY FLOW THROUGH SHARES ARE PRICED AT $1.90
* CANTEX MINE DEVELOPMENT CORP - PROCEEDS FROM OFFERING WILL
BE
USED TO FUND UPCOMING DRILL PROGRAMS ON CO'S RACKLA PROJECT IN
YUKON
* CANTEX MINE DEVELOPMENT CORP - OFFERING WILL CONSIST OF A
COMBINATION OF FLOW THROUGH SHARES AND CHARITY FLOW THROUGH
SHARES
Source text for Eikon: ID:nCNWlsFyya
Further company coverage: CD.V
((Reuters.Briefs@thomsonreuters.com;))