Brief: Cantex Says Intends To Consolidate Issued And Outstanding Common Shares Of Co On A 10 For 1 Basis
May 31 (Reuters) - Cantex Mine Development Corp CD.V :
* CANTEX ANNOUNCES CONSOLIDATION / PRIVATE PLACEMENT
* CANTEX MINE DEVELOPMENT CORP - INTENDS TO CONSOLIDATE
ISSUED
AND OUTSTANDING COMMON SHARES OF CO ON A 10 FOR 1 BASIS
* CANTEX MINE DEVELOPMENT - TO UNDERTAKE A POST
CONSOLIDATION
PRIVATE PLACEMENT TO RAISE GROSS PROCEEDS OF UP TO $1.75 MILLION
Source text for Eikon: ID:nGNX7Gchsc
Further company coverage: CD.V
((Reuters.Briefs@thomsonreuters.com;))