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Avivagen Inc.

09:58 AM EST - Avivagen Inc. : Announced the successful completion of a non-brokered private placement, issuing 2,500,000 units at an issue price of $0.50 per Unit for aggregate gross proceeds to the Company of $1,250,000. Avivagen Inc. shares V.VIV are trading up $0.08 at $0.62.