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.


    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,

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Cantex Mine Development Corp.

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