Kaneh Bosm applies for DTC eligibility

Mr. Eugene Beukman reports

KANEH BOSM BIOTECHNOLOGY INC. ANNOUNCES LISTING ON UNITED STATES OTC MARKET

Kaneh Bosm Biotechnology Inc. has applied for eligibility to the Depository Trust Company (DTC) for its shares trading on the over-the-counter (OTC) market.

DTC is a subsidiary of the Depository Trust & Clearing Corp. (DTCC), which manages the electronic clearing and settlement of publicly traded companies in the United States. DTC eligibility will simplify the process of trading and is expected to enhance liquidity of the company's common shares on the OTC marketplace, where Kaneh Bosm now trades under the symbol KNHBF. The company is optimistic that it will be fully DTC eligible in the next coming week.

Eugene Beukman, chief executive officer of Kaneh Bosm, stated:

The company's listing on the OTC marketplace, combined with DTC eligibility, will provide a more efficient process for Amercian investors to participate as shareholders during this exciting growth period. Kaneh Bosm's visibility on a U.S.-based marketplace provides us great confidence as we continue to establish our company within the American investment community

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