AVIDUS MANAGEMENT GROUP INC. ("AVD") BULLETIN TYPE: Shares for Debt BULLETIN DATE: March 10, 2015 TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the Company's proposal to issue 19,564,812 shares at $0.10 per share to settle outstanding debt for $1,956,481.37.
Number of Creditors: 10 Creditors
Insider / Pro Group Participation:
Insider=Y / Amount Deemed Price Creditor Progroup=P Owing per Share # of Shares Two Kings, LLC (Daniel Lundell) Y $1,039,491.60 $0.10 10,394,916 Douglas Ridley Y $17,500.00 $0.10 175,000 Daniel Lundell Y $17,500.00 $0.10 175,000
The Company shall issue a news release when the shares are issued and the debt extinguished. ________________________________________
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