#Canada #Cybersecurity #Toronto #Private Placement #Sekur Private Data

Sekur Private Data Ltd. Concludes Last Tranche of Non-Brokered Private Placement

In a significant move towards enhancing its financial stability and growth strategy, Sekur Private Data Ltd. (OTCQB: SWISF), a prominent player in the cybersecurity and privacy sector, has announced the completion of the last tranche of its non-brokered private placement. This strategic financial maneuver has generated gross proceeds amounting to CA$237,106. The announcement comes on March 31, 2025, following previous releases detailing the steps leading up to this successful completion.

The Details of the Placement

A total of 6,973,705 units were issued at a price of CA$0.034 per unit, culminating in the aforementioned gross proceeds. Each unit consists of one common share, alongside a full common share purchase warrant. This warrant grants its holder the right to purchase one additional common share at a price of CA$0.055 for a period of 24 months from the closing date. This strategic pricing reflects the company’s confidence in its future growth trajectory and the demand for secure communication solutions in today's digital landscape.

Notably, the Company’s CEO, CFO, and a board member have shown substantial faith in the company by participating in this private placement, collectively purchasing 2,050,000 units. This level of insider investment not only signifies a strong belief in Sekur’s future but also a commitment to the company’s vision.

To facilitate the financing process, Research Capital Corp. received finder’s fees, amounting to 200,000 broker warrants. Importantly, no cash or shares were issued as part of this arrangement, preserving capital while rewarding the securing of necessary funding.

Utilization of Proceeds

The funding acquired through this private placement will be strategically utilized for the marketing of Sekur’s privacy communication solutions, primarily aimed at expanding their reach within the United States. The company has consistently been at the forefront of providing secure communication tools tailored for both individual and enterprise users who prioritize privacy in their digital interactions.

As part of its portfolio, Sekur offers a variety of encrypted email services, secure messaging applications, and other privacy-focused communication tools, positioning itself as a robust competitor in the privacy solutions market. This additional capital allows Sekur to enhance their marketing efforts, develop innovative solutions, and ultimately expand their market presence.

About Sekur Private Data Ltd.

Founded with the aim of revolutionizing communication in the digital age, Sekur Private Data Ltd. is renowned for its Swiss-hosted solutions focusing on cybersecurity and privacy. By providing top-tier encrypted messaging, email services, and secure communication platforms, the company caters to a diverse clientele, including individuals and businesses worldwide. With a commitment to data security and user privacy, Sekur is a pioneer in developing tools that empower users to maintain control over their personal information.

For more information regarding Sekur's comprehensive range of privacy communication solutions, interested parties can visit Sekur.com or browse through their offerings at the official company site, SekurPrivateData.com.

The recent private placement not only bolsters Sekur's financial footing but also paves the way for enhanced growth as they respond to increasing global demands for secure communication solutions. As businesses and consumers alike seek reliable means of protecting their data privacy, Sekur is well-positioned to meet these evolving challenges head on.