CANTEX ANNOUNCES CLOSING OF OVERSUBSCRIBED PRIVATE PLACEMENT; RAISES $5.28 MILLION

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CANTEX ANNOUNCES CLOSING OF FIRST TRANCHE OF A NON-BROKERED PRIVATE PLACEMENT
CRESCAT INCREASES INVESTMENT AND CANTEX UPSIZES PRIVATE PLACEMENT TO $5 MILLION
CANTEX TO COMPLETE FINANCING INVOLVING CRESCAT CAPITAL TO DRILL HIGH GRADE COPPER, MASSIVE SULPHIDE AND GOLD ON ITS NORTH RACKLA CLAIMS, YUKON
CANTEX PLANS DRILLING FOR GOLD AND SILVER-COPPER IN ADDITION TO COPPER AND MASSIVE SULPHIDE SILVER-LEAD-ZINC-GERMANIUM PROJECTS AT NORTH RACKLA, YUKON, CANADA
CANTEX'S NORTH RACKLA PROJECT CONTAINS HIGH CRITICAL METAL GERMANIUM VALUES IN YUKON, CANADA
CANTEX RECEIVES GERMANIUM RESULTS OF UP TO 180g/t FROM DRILLING AT THE MAIN ZONE AT ITS SILVER-LEAD-ZINC NORTH RACKLA PROJECT, YUKON, CANADA
CANTEX DRILLS ANOTHER OUTSTANDING INTERSECTION OF 9 METRES OF 34.08% LEAD-ZINC AND 96 G/T SILVER AT ITS NORTH RACKLA PROJECT IN THE YUKON
CANTEX RECEIVES APPROVAL FOR PRIVATE PLACEMENT

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