Keon Capital arranges $254,533 private placement

Executive Summary

• Keon Capital Inc. announced a non‑brokered private placement to raise up to $254,533 by issuing up to 3,636,185 common shares at C$0.07 per share.
• The financing is expected to provide immediate general working capital for the company.
• Shares issued will be subject to a four‑month hold period under Canadian securities law; the company may also pay finder’s fees.

Key Details

• Offering Size: Up to $254,533 in gross proceeds.
• Shares Offered: Up to 3,636,185 common shares.
• Price per Share: C$0.07.
• Placement Type: Non‑brokered private placement (no underwriting).
• Hold Period: Issued securities will be subject to a four‑month hold period in accordance with applicable Canadian securities laws.
• Finder’s Fees: The company may pay finder’s fees related to the financing.
• Use of Proceeds: Funds will be used for general working capital purposes.

Notable Quotes

(No quotes were provided in the release.)