Mr. Alain Ghiai reports
SEKUR PRIVATE DATA LTD. ANNOUNCES NON-BROKERED PRIVATE PLACEMENT
Sekur Private Data Ltd. has arranged a non-brokered private placement to raise gross proceeds of up to $2-million (Canadian) ($1.4-million (U.S.)) through the issuance of up to 20 million units. Each unit consists of one common share priced at 10 Canadian cents (seven U.S. cents) per share, and one full share purchase warrant. Each full warrant will entitle the holder to purchase a common share at a price of 14 Canadian cents (10 U.S. cents) per share for a period of 36 months from the closing date.
The company intends to use the net proceeds of the private placement for sales efforts of its coming SekurOne solution and U.S. government-sector sales as well as general business development and general working purposes.
Shares issued pursuant to the financing will be subject to a four-month hold period according to applicable securities laws of Canada.
Finders' fees may be payable on the private placement, subject to the policies of the Canadian Securities Exchange.
About Sekur Private Data Ltd,
Sekur Private Data is a Swiss-hosted cybersecurity, defence communications and privacy solutions provider, offering a secure suite of tools to protect governments, defence and federal agencies, businesses, and individuals from unauthorized access and cyber threats. With capabilities such as SekurMail, SekurMessenger and SekurVPN, Sekur provides a reliable and secure means of digital communication and data storage for controlled unclassified information (CIU), classified-adjacent and civilian communications use, grounded in Swiss privacy standards with on-premises infrastructure for government agencies, allowing for data sovereignty. Sekur sells its solutions through its website, approved distributors and telecommunications companies globally, and the U.S. General Services Administration (GSA) Multiple Award Schedule (MAS), Contract No. 47QTCA18D0089, serving governments, defence institutions, federal agencies, businesses and consumers around the world. Sekur's main sales operations are in Miami, United States.
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