Effective at the opening, Monday, Oct. 23, 2023, the securities of the company will resume trading. Further to the TSX Venture Exchange bulletin dated Nov. 16, 2022, a news release was issued on July 11, 2023, announcing that the company will not be proceeding with its proposed transaction. The transaction contemplated would have constituted a reverse takeover as defined under exchange Policy 5.2.

In accordance with TSX Venture Exchange Policy 2.5, Kenadyr Metals Corp. has not maintained the requirements for a TSX Venture Exchange Tier 2 company. Therefore, effective at the opening on Monday, Oct. 23, 2023, the company's listing will transfer to the NEX, the company's tier classification will change from Tier 2 to the NEX, and the filing and service office will change from Vancouver to the NEX.

As of Oct. 20, 2023, the company is subject to restrictions on share issuances and certain types of payments as set out in the NEX policies.

The trading symbol for the company will change from KEN to KEN.H. There is no change in the company's name, no change in its Cusip number and no consolidation of capital. The symbol extension differentiates NEX symbols from Tier 1 or Tier 2 symbols within the TSX Venture Exchange market.