Cantex Mine Development Corp. : Yemen Update

CANTEX YEMEN UPDATE

Fax 250.860.1362 www.cantex.ca info@cantex.ca

Kelowna, Canada - 2nd May, 2013 - Cantex Mine Development Corp. (CD : TSX-V) (the
"Company") is pleased to provide an update on its exploration project in Yemen.

The Company's partner on this project, WCP Resources Ltd. ("WCP"), has filed their quarterly report for the period January-March 2013 with the Australian Securities Exchange. Highlights of this report include:
• Drilled four holes for 538m as part of a limited ongoing drilling program. Two drill rigs were operating during the quarter.
• Appointed Mr. Mohamed Farghally as Exploration Manager for the Al Hariqah Project. Mr.
Farghally is a gold exploration geologist with over 15 years' experience and most recently was Chief Production Geologist at the Sukari Gold Mine in Egypt, which has gold reserves of over 10 million ounces.
• WCP will now look to accelerate its exploration efforts at the Al Hariqah Project, which will involve an expanded drilling program and the shipment of a backlog of drill samples requiring assay, using a combination of local sample preparation and offshore assaying.
• Results from the ongoing drilling program, together with extensive previous drilling, will provide a solid base for an updated geological model for the Al Hariqah Project and, if appropriate, WCP will look to prepare an initial Mineral Resource estimate in accordance with the JORC Code.
Signed,

Charles Fipke

Charles Fipke
Chairman
For further information: Cantex Mine Development Corp, Tel: +250-860-8582, Email: info@cantex.ca

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