Cudney buying at Cantex Mine Development (CD)

Cudney buying at Cantex Mine Development (V:CD)

Robert Douglas Cudney, a 10% Holder, acquired 45,000 Common Shares on a direct ownership basis at prices ranging from $2.354 to $2.910 between April 4th and 5th, 2019. The insider also acquired 39,300 Common Shares on a control or direction basis for registered holder Northfield Capital Corp at prices ranging from $2.460 to $2.997 between April 4th andl 5th, 2019. This represents a $215,309 investment into the company's shares and an account share holdings change of 21.6%.

Cantex Mine Development is in the Integrated Mining Sub Industry Group under the Basic Materials Sector.

Cantex Mine Development Corp. is a Canada-based exploration-stage company. The Company is engaged in the exploration and development of mineral properties for commercial mineral deposits. The Company's primary project is located in the northwestern part of the Republic of Yemen where it owns exploration licenses over a 1,583 square kilometer area. The Company has staked 10 claim blocks covering approximately 30,000 hectares in the Yukon, Canada. The Company also has interest in six groups of gold exploration claims, which consist of 140 claims over 1,171 hectares in Nevada, the United States. The Company's Al Hariqah gold deposit is located over 130 kilometers northwest of Sana'a. The Al Masna'a nickel, copper, cobalt project is located in the Saadah region over 205 kilometers north-northwest of the capital city, Sana'a, and 25 kilometers south of the border with Saudi Arabia. Cantex Mine Development Corp. (CD) has a high amount of executive buying compared to its small-cap peers in the market over the past three months. According to regulatory filings yesterday, one insider has invested a total amount of $215,309.