Keon Capital Inc. Closes Private Placement

• Dec 2025: Settled $95,993 of debt by issuing 1.35 M common shares at a deemed $0.07125 price (share‑for‑debt transaction).
• Mar 27 2026: Announced a non‑brokered private placement to raise up to $254,533 by selling up to 3,636,185 common shares at $0.07 each; proceeds earmarked for general working capital. No underwriting fees; hold period of four months per Canadian securities law.
• Apr 8 2026: Closed the private placement, issuing 3,636,185 shares and receiving gross proceeds of $254,533. Shares are subject to a four‑month lock‑up expiring 9 Aug 2026.

• The December 2025 debt‑settlement diluted shareholders but eliminated ~ $96 k of liabilities, improving the balance sheet modestly.
• The March/April 2026 financing raises additional capital without incurring new debt, preserving liquidity for operations.
• Both actions are routine financing for a cash‑poor micro‑cap; they do not alter the company’s strategic direction or asset base.
• No new projects, acquisitions, or revenue‑generating initiatives were announced – the funds are strictly for working capital.
• Consequently, the impact is positive but expected, fitting the “Routine – Positive” rating.

Keon Capital Inc. is a micro‑cap listed on the NEX exchange, primarily acting as a financing vehicle for junior mining entities and related service providers. It has no disclosed operating mine or revenue‑producing asset; its “flagship” is essentially its capital structure and ability to raise equity to fund working‑capital needs.