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Cantex Announces Change in Chief Financial Officer & Secretary

Management Changes

203-1634 Harvey Ave Kelowna, B.C. Canada V1Y 6G2 Tel 250.860.8582 Fax 250.860.1362 www.cantex.ca [email protected]

CANTEX ANNOUNCES CHANGE IN CHIEF FINANCIAL OFFICER & SECRETARY

Kelowna, Canada – 25th October, 2013 – Cantex Mine Development Corp. (CD : TSXV) (“Cantex” or the “Company”) announces that Chris Sammartino is stepping down as the Chief Financial Officer and Secretary of the Company to pursue other opportunities. The Company wishes to thank Mr. Sammartino for his service and wishes him well in his future endeavours.

As a replacement for Mr. Sammartino, the Company is pleased to announce the appointment of Jennifer Irons, C.A. Ms. Irons is a graduate of the University of Alberta and obtained her C.A. designation in 2006. Prior to joining the Company she worked for a Kelowna based accounting firm where she served both individual and corporate clients.

Signed,

Charles Fipke

Charles Fipke Chairman

For further information: Cantex Mine Development Corp, Tel: +250-860-8582, Email: [email protected]

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

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