01:17 PM EDT, 03/20/2024 (MT Newswires) -- Kane Biotech Inc. ( KNBIF ) announces that it has extended the exclusivity period on the offer for its interest in STEM Animal Health that it announced on December 20, 2023, from March 19, 2024 until March 31, 2024.

Kane also reports that, subsequent to the US$625,000 deposit that it received at the time of the offer, Kane has received additional deposits totaling US$900,000 which will be applied towards the sale price of Kane's interest in STEM.

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