09:56 AM EST - Avidus Management Group Inc. : announced the closing of the previously announced non-brokered private placement (of 12,942,620 common shares of the Company at a subscription price of $0.05 per Share for gross proceeds of approximately $647,131.00. No finder's fee or commissions were paid in respect of the Private Placement. Avidus Management Group Inc.
shares V.AVD are trading unchanged at $0.04.
