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TORONTO, ONTARIO--(Marketwired - June 2, 2015) - Khan Resources Inc. ("Khan" or the "Company") (CSE:KRI) is pleased to announce that it has closed the second and final tranche of its private placement of common shares (the "Offering") announced on May 15, 2015 and the closing of the first tranche announced on May 29, 2015. The Company received aggregate gross proceeds for the private placement of $2,000,000 and issued 5,000,000 common shares at a price of $0.40 per common share. No fees or commissions were paid as part of the financing. On closing the second tranche, Khan issued 900,000 common shares for gross proceeds of $360,000. The common shares issued pursuant to the second tranche of the Offering are subject to usual resale restrictions until October 3, 2015. |
