Kenadyr Mining (Holdings) Corp. (TSXV:KEN) announced a non-brokered private placement of up to 13,333,333 units at a price of CAD 0.03 per unit for gross proceeds of up to CAD 400,000 on May 6, 2020. Each unit will consist of one common share and one common share purchase warrant. Each warrant entitles the holder to acquire one additional share of the company for a period of two years from the date of issuance at a price of CAD 0.05 per share. The company may pay finder's fees in the transaction. All securities issued in the transaction are subject to a four month hold period, during which time the securities may not be traded. The transaction is subject to the approval of the TSX Venture Exchange.