Kenadyr Mining (Holdings) Corp. (TSXV:KEN) announced a private placement of 8,360,000 units at CAD 0.20 per unit for gross proceeds of CAD 1,672,000 on May 29, 2018. Each Unit will consist of one common share and one common share purchase warrant. Each warrant can be exercised to acquire one common share at a price of CAD 0.35 per share for a period of 24 months from the date of issuance. The transaction will include participation form new investor Gold Mountains Asset Management Co. Ltd.