OreStocks

Hp Inc. press release

Cantex Relinquishes Greenland Property

TSXV - TSX Venture Exchange · Silicon · Aluminium · Hydrogen · Lithium · Titanium · Canada

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.

Signed,

Chad Ulansky

President and Geologist

The TSX Venture Exchange does not accept responsibility for the adequacy

or accuracy of this release.

%SEDAR: 00010333E

Earlier from Hp Inc.