July 18 (Reuters) - Philip Renaud:
* Says acquired 12.5 million units of Kane Biotech in
connection with corporation's previously announced non-brokered
private placement
* Philip Renaud is chairman and a director of Kane Biotech
Inc
* Renaud and entity over which Renaud exercises control now
own about 30.56 percent of current issued and outstanding shares
of Kane Biotech
* Renaud, entity over which he exercises control have no
current intention to acquire ownership/control over additional
securities of Kane
Source text for Eikon: urn:newsml:reuters.com:*:nCCNq9Mg0a
Further company coverage: KNE.V
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