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CD.V ·

Private Placement Increased

Financings

KELOWNA, BC, March 19, 2019 /CNW/ - Cantex Mine Development Corp. (CD: TSXV) (the "Company"). Further to its news release of March 6, 2019, the Company is pleased to announce that, due to added interest​, it has elected to increase the amount of its previously announced private placement to $15,000,000. All other terms remain the same.

Signed,

Charles Fipke

Charles Fipke Chairman

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.

SOURCE Cantex Mine Development Corp.

View original content: http://www.newswire.ca/en/releases/archive/March2019/19/c2941.html

%SEDAR: 00010333E

For further information: Cantex Mine Development Corp, Tel: +250-860-8582, Email:

[email protected]

CO: Cantex Mine Development Corp.

CNW 15:47e 19-MAR-19