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Highlights

  • CAD1.7 million raised through issuance of 34.1 million units priced at CAD0.05.
  • Each unit includes one share and one warrant, exercisable for 48 months.
  • Proceeds to support marketing in U.S., Europe, Africa and general working capital. 

Sekur Private Data Ltd. (CSE: SKUR) has closed its non-brokered private placement, raising gross proceeds of CAD1,703,461.75 (approx. USD1,192,423.22) through the issuance of 34,069,235 units at CAD0.05 per unit. Each unit comprises one common share and one full warrant, entitling the holder to purchase an additional share at CAD0.05 for 48 months. 

Company officers and directors purchased 450,000 units for CAD20,250 as part of the placement. The company paid a total of USD4,900 and CAD3,000 in finder’s fees, alongside 200,000 broker warrants exercising under the same terms. Proceeds from the offering will be used to market Sekur’s privacy communications tools in the United States, Europe, and Africa, as well as for general working capital needs. 

Sekur Private Data Ltd. is a Swiss-hosted cybersecurity and privacy communications provider. The company offers secure digital services such as SekurMail, SekurMessenger, and SekurVPN to governments, enterprises, and individuals. Sekur operates under Swiss privacy laws and distributes its solutions through global partners, telecommunications providers, and its proprietary platform.