July 15 (Reuters) - Ardiden Ltd ADV.AX :
* TO RAISE UP TO $4.5M
* SHARES UNDER PLACEMENT WILL BE ISSUED AT A$0.012
* DIRECTORS INTEND TO SUBSCRIBE FOR 8.3 MILLION SHARES IN PLACEMENT
July 15 (Reuters) - Ardiden Ltd ADV.AX :
* TO RAISE UP TO $4.5M
* SHARES UNDER PLACEMENT WILL BE ISSUED AT A$0.012
* DIRECTORS INTEND TO SUBSCRIBE FOR 8.3 MILLION SHARES IN PLACEMENT