KELOWNA, BC, Oct. 18, 2016 /CNW/ - Cantex Mine Development Corp. (CD: TSXV) (the "Company") Further to its news release of October 11, 2016 the Company announces that, weather permitting, drilling will commence on its North Rackla Project in the Yukon within the next two days. The Company also announces that it intends to proceed with a private placement of its securities so as to raise up to $1,000,000 (the "Offering
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