Northwire Canada EditionSaturday, July 11, 2026
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Financings

Keon Capital Inc. Announces Private Placement

KEON · Price

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 $0.07 per share.
  • The proceeds are intended for general working capital.
  • Shares issued will be subject to a four‑month hold period under Canadian securities laws; the company may also pay finder’s fees in connection with the financing.

Key Details

  • Financing Structure: Non‑brokered private placement of common shares.
  • Price per Share: $0.07.
  • Maximum Shares Offered: 3,636,185 common shares.
  • Gross Proceeds Target: Up to $254,533.
  • Use of Proceeds: General working capital for the Company.
  • Hold Period: Four months in accordance with applicable Canadian securities laws.
  • Finder’s Fees: The Company may pay finder’s fees related to the financing.
  • Regulatory Notice: Securities are not registered under U.S. law and cannot be offered or sold in the United States or to U.S. persons absent an exemption.

Notable Quotes

“Nader Vatanchi, Chief Executive Officer” – signatory on behalf of the Board of Directors.

Read the original news release →

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