KR Investment Ltd. (TSXV:KR) announced a non-brokered private placement of up to 25,000,000 common shares at a price of CAD 0.05 per common share for gross proceeds of up to CAD 1,250,000 on January 24, 2017. The transaction shall not be subject to the completion of any other transaction. Completion of the transaction is subject to regulatory approval, including acceptance by the TSX Venture Exchange.