Mr. John McCleery reports

JOHN MCCLEERY REPORTS DISPOSITION OF SHARES OF KEON

John McCleery has disposed of 200,000 common shares of Keon Capital Inc. at a price of 25 cents per share, for aggregate consideration of $50,000, in a private sale transaction. Prior to the disposition, Mr. McCleery had control or direction over 500,000 common shares, representing approximately 10.28 per cent of the 4,862,272 common shares issued and outstanding. Mr. McCleery now has control or direction over 300,000 common shares, which represent 6.17 per cent of the 4,862,272 common shares issued and outstanding.

Mr. McCleery holds common shares of Keon for investment purposes and may increase or decrease his beneficial ownership in Keon as circumstances or market conditions warrant. This news release is issued pursuant to National Instrument 62-103 (The Early Warning System and Related Take-Over Bid and Insider Reporting Issues). A copy of the related early warning report will be filed with the applicable securities commissions and be available under Keon's filer profile on SEDAR. A copy of the early warning report may also be obtained by contacting Keon by e-mail or by telephone at 604-880-5624.