Kenna Resources Corp.

Kenna Resources Corp.

October 02, 2014 16:35 ET

Kenna to Increase Private Placement to $483,000

VANCOUVER, BRITISH COLUMBIA--(Marketwired - Oct. 2, 2014) - Kenna Resources Corp., (TSX VENTURE:KNA) ("Kenna" or the "Corporation") announces that it will increase the non-brokered private placement of $420,000.01 announced on October 1, 2014 to a total of $483,000.00 by issuing 4,200,000 units at a price of $0.115 per unit. Each unit will consist of one class "A" share and one share purchase warrant exercisable for 12 months at $0.25.

Kenna will use the proceeds of this offering for general corporate purposes.

The offering remains subject to the approval of the TSX Venture Exchange.

More information is available by contacting Tim Fernback at 604.340.3774.

On Behalf of the Board of Directors of Kenna,

Tim Fernback, President and CEO

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release.

This news release contains forward-looking information, which involves known and unknown risks, uncertainties and other factors that may cause actual events to differ materially from current expectation. Important factors - including the availability of funds, the results of financing efforts, the results of exploration activities -- that could cause actual results to differ materially from the Corporation's expectations are disclosed in the Corporation's documents filed from time to time on SEDAR (see Readers are cautioned not to place undue reliance on these forward- looking statements, which speak only as of the date of this press release. The Corporation disclaims any intention or obligation, except to the extent required by law, to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

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