Keyleaf Enterprises closes $250K private placement

News Release

Keyleaf Completes Private Placement of $250,000; Consolidates Shares

VANCOUVER, January 4, 2018 – Keyleaf Enterprises Inc. (the “Company”) announces that it has completed a non-brokered private placement, issuing 8,333,333 common shares at $0.03 per share for total proceeds of $250,000. The private placement was sold to 88 persons pursuant to exemptions from the registration and prospectus exemptions granted under National Instrument 45-106. The Company intends to use the proceeds for ongoing corporate expenses, due diligence/ business investigations and general working capital.

Subsequent to the completion of the above private placement, effective December 29, 2017 the Company consolidated its common share capital on a two (2) old shares for one (1) new share basis. Following the consolidation a total of 54,255,613 common shares are issued and outstanding.

The Company announces that Mr. James Boyce has been appointed to its Board of Directors replacing Mr. Anthony Beruschi. On behalf of shareholders the Board of Directors of the Company thanks Mr. Beruschi for acting as a director during the initial stages of the Company. Mr. Beruschi continues to consult to the Company. Mr. Kirk Shaw has been appointed as president of the Company.

KEYLEAF ENTERPRISES INC.
PER: “Kirk Shaw” Suite 702 – 889 West Pender Street
Vancouver, BC CANADA V6C 3B2
KIRK SHAW Telephone: 604.669.3116
President Email: keyleafenterprises@gmail.com