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

Executive Summary

• Integrated Cyber Solutions Inc. announced a non‑brokered private placement of 10,000,000 common shares at C$0.25 per share, targeting gross proceeds of $2.5 million.
• The offering is subject to a four‑month hold period and closing conditions, including required filings with the Canadian Securities Exchange.
• Net proceeds will be used for general working capital and software development initiatives.

Key Details

• Offering Size: 10,000,000 common shares.
• Price per Share: C$0.25.
• Aggregate Gross Proceeds: $2,500,000 (CAD equivalent).
• Hold Period: Four months pursuant to Canadian securities laws.
• Use of Proceeds: General working capital and software development.
• Closing Conditions: Submission of all required forms to the CSE and other regulatory approvals.
• Regulatory Disclaimer: Shares are not registered under U.S. securities laws; offering unavailable in the United States absent exemption or registration.

Notable Quotes

(No direct quotes from executives were included in the release.)