PUDO Inc. Announces Amalgamation With Its Wholly-Owned Subsidiary My Courier Depot Inc.

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PUDO Inc. Announces Amalgamation With Its Wholly-Owned Subsidiary My Courier Depot Inc.

TORONTO, ONTARIO — (Marketwired) — 03/04/16 — PUDO Inc. ("PUDO" or the "Company") (CSE: PDO)(OTCQB: PDPTF) announces that effective February 29, 2016 it has completed a vertical short form amalgamation (the "Amalgamation") with its wholly-owned subsidiary My Courier Depot Inc. ("MCD") in order to reduce internal administration and financial reporting costs. Pursuant to the Amalgamation, all of the issued and outstanding shares of MCD will be cancelled

PUDO Inc. Announces Closing of $1.17 Million Private Placement

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PUDO Inc. Announces Closing of $1.17 Million Private Placement

TORONTO, ONTARIO — (Marketwired) — 02/12/16 — PUDO Inc. ("PUDO" or the "Company") (CSE: PDO)(OTCQB: PDPTF) is pleased to announce the closing of its previously announced non-brokered private placement (the "Offering") of 468,967 units of the Company (each, a "Unit") at a price of $2.50 per Unit for aggregate gross proceeds of approximately $1,172,400. Each Unit consisted of one (1) common share (each, a "Common Share") and one-half of one (1