10:57 AM EST, 12/03/2024 (MT Newswires) -- Kane Biotech ( KNBIF ) said Tuesday it intends to raise up to $3 million through a non-brokered private placement offering. The financing will consist of up to 30 million shares at $0.10 each.

Proceeds will be used for working capital and general corporate purposes.

The company's shares were last seen down $0.01, to $0.11, on the TSX Venture Exchange.

Price: 0.11, Change: -0.01, Percent Change: -8.33