Integrated Cyber Solutions Announces Closing of Over-Subscribed Non-Brokered Private Placement of Common Shares

Executive Summary

• Integrated Cyber Solutions Inc. closed a non‑brokered private placement of 12,100,000 common shares at C$0.25 per share, raising gross proceeds of $3.025 million.
• The offering was oversubscribed by C$525,000; commissions of C$27,890 (2% of proceeds) were paid to third‑party finders.
• Net proceeds will be used for general working capital and software development.

Key Details

• Shares Issued: 12,100,000 common shares.
• Price per Share: C$0.25.
• Gross Proceeds: $3,025,000 (CAD equivalent).
• Oversubscription Amount: C$525,000.
• Hold Period: Four‑month hold period pursuant to Canadian securities laws.
• Finder Commissions: C$27,890 paid to eligible third parties (2% of proceeds from subscribers introduced by finders).
• Use of Proceeds: General working capital and software development initiatives.
• Regulatory Note: Securities not registered under the U.S. Securities Act; cannot be offered or sold in the United States absent exemption or registration.

Notable Quotes

“We are very pleased to have completed this private placement and are grateful for the overwhelming response and the confidence our investors have in our team, our strategy, and the opportunities ahead.” – Alan Guibord, CEO & Director

Materiality Assessment: Material – Positive (significant capital raise that enhances liquidity and supports growth initiatives).