KR Investment Ltd. announced a non-brokered private placement of up to 1,153,847 units at CAD 0.13 per unit for gross proceeds of up to CAD 150,000 on September 8, 2023. Each unit shall consist of one common share and one transferable share purchase warrant, with each warrant entitling the holder thereof to acquire one common share at a price of CAD 0.20 per share until twelve months following closing. The transaction remains subject to approval of the Exchange.

All securities issued in connection with the transaction will be subject to a statutory hold period expiring four months and one day from issuance in accordance with applicable securities legislation. The company may pay finder?s fees in accordance with the policies of the TSX Venture Exchange.