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Kenna Resources Corp (2)
Symbol KNA
Shares Issued 5,056,922
Close 2015-09-03 C$ 0.125
Market Cap C$ 632,115
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ORIGINAL: Kenna Resources arranges $690,000 private placement

2015-09-04 16:58 ET - News Release

Received by email:

File: News Release announcing private placement - September 2015.pdf

                                      KENNA RESOURCES CORP.
                                      Suite 162, 2906 West Broadway
                                         Vancouver, BC V6K 2P6



 KENNA RESOURCES ANNOUNCES NON-BROKERED PRIVATE PLACEMENT OF
                  UP TO $690,000 AND WARRANT EXTENSION
______________________________________________________________________________

September 4, 2015                                                                        TSX-V: KNA

Kenna Resources Corp. (the "Company") announces that it proposes to conduct a non-
brokered private placement (the "Private Placement") of up to 6,000,000 units (the "Units") for
gross proceeds of up to $690,000.

Each Unit will be priced at $0.115 and comprised of one common share of the Company (a
"Share") and one half of one common share purchase warrant (each whole warrant a
"Warrant"). Each Warrant will be exercisable to acquire one Share at a price of $0.25 for a
period of two years. In connection with the Private Placement, the Company proposes to pay
cash finder's fees in accordance with TSX Venture Exchange (the "Exchange") policies and
applicable securities legislation.

In addition, the Company proposes to extend the term of outstanding share purchase warrants
issued in connection with the Company's November, 2014 private placement (the "2014
Warrants") by 12 months (the "Warrant Extension"). As of the date hereof, no 2014 Warrants
have been exercised. All of the 2014 Warrants were originally exercisable for a period of 24
months from the date of issuance. All other terms of the 2014 Warrants will remain unchanged.

The Private Placement and Warrant Extension are subject to Exchange approval. All securities
issued under the Private Placement will be subject to a four-month hold period from the date of
issuance.

On behalf of the Board of Directors

KENNA RESOURCES CORP.


"Tim Fernback"

Tim Fernback, Chief Executive Officer

For further general information, please contact Tim Fernback at 604-340-3774.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the
TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
 


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