Cantex Provides Update on Private Placement

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

CANTEX PROVIDES UPDATE ON PRIVATE PLACEMENT

Kelowna, Canada – September 8, 2014 – Cantex Mine Development Corp. (CD : TSXV) (the “Company”) announces that it continues to take steps towards completing the balance of its nonbrokered private placement which was announced in its press release dated July 9, 2014, and will provide further updates as necessary. The first tranche of the private placement was closed on August 14, 2014 as announced in the Company’s press release dated August 18, 2014.

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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