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BRIEF-Kane Biotech announces private placement offering

June 1 Kane Biotech Inc

* Kane Biotech announces private placement offering

* Intention of company to undertake a non-brokered private placement offering of up to 33.3 million units at $0.12 per unit

* Kane Biotech Inc says net proceeds of offering will be used for business development, technology and product commercialization, among others Source text for Eikon: Further company coverage:

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