April 1 (Reuters) - Avante Logixx Inc
* Avante logixx inc. Announces acquisition of 70% equity interest in City Wide Locksmiths Ltd.
* Says deal for an aggregate purchase price of approximately $2.6 million
* Acquisition of 70% equity interest in City Wide Locksmiths immediately accretive to avante
* Says Danny Shearer, city wide locks’ president, will remain with company as its president
* Dividend policy has been instituted by city wide locks, intended that board declare dividends quarterly to its shareholders Source text for Eikon: Further company coverage: (Bengaluru Newsroom: +1 646 223 8780)