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Kenadyr Metals Completes $1 Million Private Placement

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Kenadyr Metals Completes $1 Million Private Placement

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An update from Kenadyr Metals ( ($TSE:KEN.H) ) is now available.

Kenadyr Metals Corp. has successfully closed a non-brokered private placement of 16,666,700 common shares at $0.06 per share, raising $1,000,000. The proceeds will be used to settle liabilities and for general working capital, with no finders’ fees or commissions paid. The transaction involved insider participation, constituting a related party transaction under MI 61-101, but exemptions were applied. The issued securities are subject to a statutory hold period in line with applicable legislation.

More about Kenadyr Metals

YTD Price Performance: -16.67%

Average Trading Volume: 1,167

Technical Sentiment Signal: Buy

Current Market Cap: $262.4K

For a thorough assessment of KEN.H stock, go to TipRanks’ Stock Analysis page.

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