On July 28, 2014, Avidus Management Group Inc. (OTCPK:ASNH.F) closed the transaction. The company issued 7,091,700 units for gross proceeds of CAD 709,170 in the transaction. The company issued securities to 11 investors pursuant to exemption provided under Regulation D. All securities issued under the transaction are subject to a four month hold period expiring November 26, 2014.