IDG Holdings Inc. (TSXV:IDH.H) announced a non-brokered private placement of 5,450,000 shares at a price of CAD 0.05 per share for gross proceeds of CAD of 272,500 on March 25, 2021. The transaction will include participation from Xen Stefanopoulos, a director and officer of the company for 100,000 shares. The transaction has received conditional TSX Venture Exchange approval and is expected to close in the immediate future. The securities issued in connection with the offering will be subject to a four-month hold period, in accordance with applicable securities laws. No finder's fees are payable in connection with the offering.