YDx Innovation Corp. (TSXV:YDX) announced a non-brokered private placement of 5,500,000 units at a price of CAD 0.10 per unit for gross proceeds of CAD 550,000 on December 15, 2020. Each unit will consist of one common share and one transferable share purchase warrant exercisable into one common share at a CAD 0.20 for a period of two years. All securities issued in connection with the transaction will be subject to a statutory hold period expiring four months and one day after closing. Completion of the transaction is subject to several conditions, including, without limitation, receipt of all regulatory approvals. There may be a finders' fee payable subject to regulatory approval. On December 30, 2020, the company has received acceptance for filing documentation from TSX Venture Exchange with respect to this transaction for 5,499,991 units. The transaction will involve participation from 18 placees, including professional group participation of The Sarwal Group Enterprises Inc.(Kailash Sarwal) for 200,000 units.