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by Stockwatch Business Reporter

The TSX Venture Exchange fell 9.93 points to 628.81 Friday, ending the week down 12.17 points. Andre Goguen and Marcel Bergeron's halted capital pool shell, Kilkenny Capital Corp. (KIK), now almost five years old, plans to merge with DNA Canada Inc. for a qualifying transaction. DNA Canada is a mining company that is developing the Montauban gold-silver tailings project in the Montauban-les-Mines area of Quebec. Kilkenny has not yet said how many shares it will issue to the shareholders of DNA Canada, but we do know that the shell plans to close a $2-million private placement in connection with closing the QT.

DNA Canada says it is developing a new milling facility on the property, having already built a 16,000-square-foot structure. It plans to use the mill to extract gold, silver and possibly mica (silicate minerals) from the property. DNA Canada was spun off in February, 2015, by James Chandik's DNA Precious Metals Inc., which has since gone into the e-cigarette business and changed its name to Breathe eCig Corp. (BVAP: $0.0513 (U.S.)), an OTC-BB-listed company now managed by Josh Kimmel.

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