Mr. Bill Frain reports

LIBERTY ANNOUNCES CLOSING OF PROSPECTUS OFFERING OF UNITS

Liberty Defense Holdings Ltd. has closed the previously announced overnight marketed public offering of 3,031,000 units at the price of $1.65 per unit for gross proceeds of $5,001,150. Canaccord Genuity Corp. acted as the underwriter for the offering.

Each unit comprised one common share of the company and one-half of one share purchase warrant. Each warrant entitles the holder to acquire one share at an exercise price of $2.05 per share. The warrants are exercisable until March 20, 2027.

The units were offered by way of a final short form prospectus of the company dated March 13, 2025, in each of the provinces of Canada, except Quebec.

The company intends to use the proceeds of the offering for business development and marketing expansion, manufacturing and supply chain optimization, sustaining engineering, research and development, and product innovation, and general and administrative expenses.

"I would like to thank the investors for their support in this financing. We're seeing increased activity and interest in our technology, and this funding will help drive the company's growth in the coming quarters," said Bill Frain, chief executive officer of Liberty.

The offering remains subject to the final approval of the TSX Venture Exchange. The TSX-V has conditionally accepted the offering.

The underwriter received: (i) a cash commission of $300,069; (ii) a cash corporate finance fee of $50,011.50; (iii) 181,860 compensation warrants; and (iv) 30,310 corporate finance fee warrants. Each underwriter warrant and corporate finance fee warrant entitles the holder thereof to acquire one share at an exercise price of $1.65 per share until March 20, 2027.

About Liberty Defense Holdings Ltd.

Liberty Defense provides multitechnology security solutions for concealed weapons detection in high-volume foot traffic areas and locations requiring enhanced security such as airports, stadiums, schools and more. Liberty's Hexwave product, for which the company has secured an exclusive licence from Massachusetts Institute of Technology (MIT), as well as a technology transfer agreement for patents related to active 3-D radar imaging technology, provides discrete, modular and scalable protection to provide layered, stand-off detection capability of metallic and non-metallic weapons. Liberty has also recently licensed the millimetre-wave-based, high-definition advanced imaging technology (HD-AIT) body scanner and shoe scanner technologies as part of its technology portfolio. Liberty is committed to protecting communities and preserving peace of mind through superior security detection solutions.

We seek Safe Harbor.