FYI

I asked Richard Marshall today if he would use the term "over subscribed" to describe the interest in KRY's private placement offering.

He would not.

Instead he said:

"I'm advised that there has been expressed interest in the proposed PP in excess of the $120 million being sought. The syndicate book has not closed. The Company is working with the Agents, Counsel and investors to that end".

Now some may say Richard is saying the same thing but, just to be clear, he would not use the term "over subscribed".

Hopefully in a few days we will know if his wording equals the term, "over subscribed", and I certainly hope it does.

But, as of now, that term is not in the official party line.

Just keeping the fact straight,

Cividale