KAINANTU RESOURCES ANNOUNCES SENIOR CONVERTIBLE DEBENTURE OFFERING; CONFIRMS COMMITMENTS FOR C$1,400,000

VANCOUVER, BC, May 30, 2023 /CNW/ - Kainantu Resources Ltd. (TSXV:KRL.VN) (FSE:6J0) ("KRL" or the "Company"), the Asia-Pacific focussed gold mining company, is pleased to announce subscriptions and/or commitments for C$1,400,000 for the Company's offering (the "Offering") of a non-brokered private placement of Senior Convertible Debentures, also known as Convertible Promissory Notes (the "Notes").