KR Investment Ltd. has announced a non-brokered private placement to issue 8,333,333 units at a price CAD 0.12 per unit for gross proceeds CAD 999,999.96 on December 22, 2023. Each unit shall consist of one common share in the capital of the company; and one transferable share purchase warrant, with each warrant entitling the holder thereof to acquire one common share at a price of CAD 0.16 per share until 12 months following closing. Finders' fees may be payable in accordance with the policies of the TSX Venture Exchange.

The offering remains subject to approval of the exchange. All securities issued in connection with the offering will be subject to a statutory hold period expiring four months and one day from issuance in accordance with applicable securities legislation.