Mr. Nader Vatanchi reports

KEON CAPITAL INC. ANNOUNCES FINANCING

Keon Capital Inc. will be conducting a non-brokered private placement financing for gross proceeds of up to $2-million through the issuance of up to eight million units at a price of 25 cents per unit. Each unit will consist of one common share of the company and one share purchase warrant, entitling the holder to purchase one common share at a price of 40 cents for a period of 24 months from the date of issuance.

The company may pay finders' fees in connection with the financing. Securities issued under the financing will be subject to a four-month hold period in accordance with applicable Canadian securities laws. The company intends to use the proceeds of the financing for general working capital.

We seek Safe Harbor.