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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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