Avisa Diagnostics Inc. announced a non-brokered private placement of 632,000 common shares at a price of CAD 0.20 per share for gross proceeds of CAD 126,400 on August 20, 2021. The offering is expected to close on or about August 25, 2021, subject to satisfaction of customary closing conditions, including completion of filings with the Canadian Securities Exchange. The transaction is being made to an eligible purchaser resident in United States. The common shares will not be subject to resale restrictions in Canada.