Keon Capital Inc. announced that Mr. Nicholas Houghton has been appointed as a director of the Company. Mr. Houghton has worked several years in the private and public capital markets sector. He has extensive experience in recognizing, delineating and financing business opportunities either through funding or mergers and acquisitions.

Mr. Houghton has served on several company boards as director and Chairman, as well as serving in the capacity as Vice President, President and CEO. Mr. Houghton's appointment is in conjunction with the resignation by Mr. John McCleery as an officer and director of the Company to focus on other interests. The Company is in the process of identifying a new CEO and President and will provide further updates as warranted.