AUDEC IN PRIVATE PLACEMENT OF STOCK, WARRANTS
<Audec Corp> said it sold
privately 24 units, each consisting of 40,000 common shares and
40,000 redeemable common share purchase warrants, for a total
of 480,000 dlrs.
    Audec said the sale was part of its plan to place a total
of 28 units at 20,000 dlrs each.
 Reuter
