Dec 20 (Reuters) - Ardiden Ltd ADV.AX :
* ENTERED AGREEMENT WITH ACUITY CAPITAL FOR STANDBY EQUITY CAPITAL OF UP TO $2 MILLION OVER COMING 25 MONTHS
* AS COLLATERAL FOR CPA, ADV AGREED TO PLACE 88 MILLION SHARES FROM ITS LR7.1 CAPACITY, AT NIL CONSIDERATION TO ACUITY CAPITAL