Kainantu Resources is pleased to announce that it has closed the second and final tranche of its previously announced private placement financing of C$2,000,000, originally announced on November 23, 2023. In the first tranche of the Offering, the Company has issued an aggregate of 87,500,000 common shares of the Company at a price of C$0.02 per Share to raise gross proceeds of C$1,750,000. In the second and final tranche of the Offering, the Company has issued an aggregate of 12,500,000 Shares at a price of C$0.02 per Share to raise gross proceeds of C$250,000. The Common Shares issued pursuant under the second tranche of the Offering are subject to a statutory hold period of approximately four months ending on May 4, 2024, in accordance with applicable securities law...