Cantex Mine Development Corp. is set to raise up to C$3,000,000 through a non-brokered private placement to fund drilling activities at its North Rackla project in Yukon. The financing sees increased investment from Crescat Capital and Rob McEwen, founder of Goldcorp and McEwen Mining. The project, known for its promising zinc and germanium grades, is considered by Crescat Capital to have significant potential. Dr. Charles Fipke, Chairman of Cantex, will also participate in the offering through 0974052 B.C. Ltd., acquiring units valued at C$500,000.
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