Cantex Relinquishes Greenland Property



    KELOWNA, BC, Jan. 25 /CNW/ - Cantex Mine Development Corp (CD - TSX
Venture Exchange) ("Cantex" or the "Company").
    Pursuant to the agreement with Metalex Ventures Ltd. dated January 19,
2005, the Company wishes to announce that, effective January 20, 2008, it has
chosen not to meet the $120,000 expenditure commitment required to earn a 25%
interest in the Greenland licenses. Instead, the Company intends to focus on
further development of its highly promising mineral properties in the Republic
of Yemen and Nevada.

    Signed,

    Chad Ulansky
    President and Geologist

    The TSX Venture Exchange does not accept responsibility for the adequacy
    or accuracy of this release.
    %SEDAR: 00010333E




For further information:

For further information: Cantex Mine Development Corp., 2600 B
Enterprise Way, Kelowna, BC, V1X 7Y5, Tel (250) 860-8582, Fax (250) 860-1362,
Email cantex@shaw.ca

Organization Profile

Cantex Mine Development Corp.

More on this organization


Custom Packages

Browse our custom packages or build your own to meet your unique communications needs.

Start today.

CNW Membership

Fill out a CNW membership form or contact us at 1 (877) 269-7890

Learn about CNW services

Request more information about CNW products and services or call us at 1 (877) 269-7890