Annidis Corporation announced that, subject to the approval of the TSX Venture Exchange, it has completed private placements totaling $820,000 in unsecured promissory notes to an insider of the Corporation, Yimai Technology International Corporation Limited as follows: $150,000 Promissory Note dated November 25, 2015: Matures and becomes due and payable on November 25, 2016. All of the Notes bear interest at a rate of 10% per annum, compounded annually and payable at maturity. The Corporation may prepay the outstanding principal amount of the Notes together with all accrued and unpaid interest, without penalty, at any time prior to the maturity date of the Notes.

The proceeds from the Notes will be used by the Corporation for general working capital purposes. If the Lender were to convert all of the Notes in full, it would receive (excluding any shares issued to satisfy accrued but unpaid interest), 9,069,841 common shares, representing approximately 8.4% of the outstanding common shares of the Corporation as of the date hereof, and following such issuances, the Lender would hold 49,051,887 common shares or 41.9% of the outstanding common shares of the Corporation.