Liberty Defense closes $867,505 tranche of placement

Executive Summary

• Liberty Defense Holdings Ltd. has closed the second and final tranche of its non-brokered private placement, raising approximately $867,505 and bringing total gross proceeds to approximately $2.61 million.
• The company intends to use the proceeds to further the production of its Hexwave technology to meet increasing demand and deliver units currently in backlog.
• Management will participate in the AlphaNorth Capital Event in January 2026, coinciding with the completion of this financing round.

Key Details

• Transaction Structure: Non-brokered private placement of 3,943,207 units.
• Price: 22 cents per unit.
• Gross Proceeds (Final Tranche): Approximately $867,505.
• Total Gross Proceeds: Approximately $2.61 million (combined with the first tranche).
• Unit Composition: Each unit consists of one common share and one common share purchase warrant.
• Warrant Terms:
  • Entitles holder to purchase one common share.
  • Exercise Price: 30 cents per share.
  • Exercise Period: March 17, 2026, to January 15, 2027.
• Finder’s Compensation:
  • Cash commission paid: $49,945.
  • Warrants issued: 227,024 non-transferable warrants.
  • Warrant Exercise Price: 30 cents.
  • Warrant Expiry: January 15, 2027.
• Use of Proceeds: Further production of Hexwave technology to support demand and deliver backlog units to customers.
• Regulatory Status: Completed under the listed issuer financing exemption (NI 45-106); securities are not subject to a hold period.
• Upcoming Event: Management to attend the AlphaNorth Capital Event (Jan 16-18, 2026, in Nassau, Bahamas).

Notable Quotes

• "We are grateful for the continued support of our shareholders as we complete this $2.6-million financing," said Bill Frain, chief executive officer of Liberty Defense. "With both of our core technologies -- Hexwave and high-definition advanced imaging technology -- now fully developed, the company is entering a pivotal growth phase. In 2026, we anticipate generating commercial sales from both technologies as global demand for advanced security solutions continues to rise."