11:44:50 EDT Fri 22 Sep 2023
Enter Symbol
or Name

Login ID:
Kane Biotech Inc (2)
Symbol KNE
Shares Issued 124,830,203
Close 2023-09-18 C$ 0.07
Recent Sedar Documents

Kane Biotech 6.25-million-share private placement

2023-09-18 17:52 ET - Private Placement

The TSX Venture Exchange has accepted for filing documentation with respect to a non-brokered private placement announced on Aug. 3, 2023.

Number of shares:  6.25 million shares

Purchase price:  eight cents per share

Warrants:  3,125,000 share purchase warrants to purchase 3,125,000 shares

Warrant exercise price:  10 cents for an 18-month period

Number of placees:  15 placees

Total existing insider involvement:  250,000 (two insiders)

The company issued a news release on Sept. 12, 2023, confirming the closing of the private placement. Note that in certain circumstances the exchange may later extend the expiry date of the warrants, if they are less than the maximum permitted term.

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