Cantex Amends 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 AMENDS PRIVATE PLACEMENT

Kelowna, Canada – October 3, 2014 – Cantex Mine Development Corp. (CD: TSXV) (the “Company”) announces that it has amended the terms of its private placement as announced in a news release of July 9, 2014. As amended the private placement will now include an offering of units of the Company in addition to the flow through shares previously announced. The units will have a price of $0.05 per unit and be comprised of one share and one-half of a share purchase warrant, with each whole warrant entitling the holder to acquire a common share of the Company at a price of $0.10 for a term of 2 years.

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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