Sekur Private Data Ltd. Completes Non-Brokered Private Placement

Sekur Private Data Ltd., a Swiss cybersecurity and privacy communications platform, has completed its non-brokered private placement, generating gross proceeds of CA$1,612,757.50. This equates to approximately US$1,128,923.25. The company issued 32,254,950 units at CA$0.05 each. Each unit comprises one common share and one full common share purchase warrant, which allows the holder to purchase an additional share at the same price within 48 months.

The company incurred cash finders fees totalling US$4,900, along with broker warrant fees, compensated to Canadian financial institutions, for 200,000 warrants. The capital raised is earmarked for expanding marketing efforts in the US, Europe, and Africa, supporting Sekur’s privacy communications solutions and general working capital needs.