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Cantex Extends Financing

Financings

Cantex Extends Financing

KELOWNA, BC

,

July 14, 2023

/CNW/ -

Cantex Mine Development Corp.

(TSXV: CD) (OTCQB:

CTXDF) (the "Company") would like to announce that it is continuing with its previously announced

private placement. The final closing will be on or before

August 17, 2023

.

Signed,

Charles Fipke

Dr.

Charles Fipke

, CM

Chairman

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. Information set forth in this news release includes forward-looking statements under

applicable securities laws. Forward-looking statements are statements that relate to future, not

past, events. In this context, forward-looking statements often address expected future business

and financial performance, and often contain words such as "anticipate", "believe", "plan",

"estimate", "expect", and "intend", statements that an action or event "may", "might", "could",

"should", or "will" be taken or occur, or other similar expressions. All statements, other than

statements of historical fact, included herein are forward-looking statements. By their nature,

forward-looking statements involve known and unknown risks, uncertainties and other factors

which may cause the actual results, performance or achievements, or other future events, to be

materially different from any future results, performance or achievements expressed or implied by

such forward-looking statements. Such factors include, among others, risks identified in the

management discussion and analysis section of the Company's interim and most recent annual

financial statements or other reports and filings with Canadian securities regulators. Forward

looking statements are made based on management's beliefs, estimates and opinions on the date

that statements are made and the respective companies undertake no obligation to update forward-

looking statements if these beliefs, estimates and opinions or other circumstances should change,

except as required by applicable securities laws. Investors are cautioned against attributing undue

certainty to forward-looking statements.

SOURCE

Cantex Mine Development Corp.

View original content to download multimedia:

http://www.newswire.ca/en/releases/archive/July2023/14/c2988.html

%SEDAR: 00010333E

For further information:

Cantex Mine Development Corp, Tel: +1-250-860-8582; Email:

[email protected]

CO: Cantex Mine Development Corp.

CNW 20:17e 14-JUL-23