Liberty Announces Closing of Final Tranche of LIFE Private Placement Raising a Total of $2.6 million

Executive Summary

• Liberty Defense closed the second and final tranche of a non‑brokered private placement, issuing 3,943,207 units at C$0.22 per unit for gross proceeds of approximately C$867,505, bringing total financing from the offering to about C$2.61 million.
• Each unit consists of one common share and one common‑share purchase warrant exercisable at C$0.30 per share between 17 Mar 2026 and 15 Jan 2027.
• Proceeds will be used to scale production of the company’s HEXWAVE technology and fulfill existing customer backlogs.

Key Details

• Units sold: 3,943,207 (second tranche)
• Price per unit: C$0.22
• Gross proceeds (second tranche): ≈ C$867,505
• Total gross proceeds from both tranches: ≈ C$2.61 million
• Unit composition: 1 common share + 1 warrant (right to purchase 1 additional common share at C$0.30)
• Warrant terms: Exercise price C$0.30; exercisable 17 Mar 2026 – 15 Jan 2027
• Finder’s commission paid: C$49,945 (cash)
• Additional non‑transferable warrants issued: 227,024 (exercise price C$0.30, exercisable until 15 Jan 2027)
• Use of proceeds: Accelerate production of HEXWAVE technology, meet rising demand, and deliver units already back‑ordered to customers.
• Regulatory exemption: Issuance relied on the listed issuer financing exemption under NI 45‑106 (Part 5A). No hold period; securities not registered in the U.S. and may not be offered/sold there without registration or an applicable exemption.
• Management participation: Liberty’s management will attend the AlphaNorth Capital Event (16‑18 Jan 2026, Grand Hyatt Baha Mar, 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, CEO.
“With both of our core technologies—HEXWAVE and High‑Definition Advanced Imaging Technology (HD‑AIT)—now fully developed, the Company is entering a pivotal growth phase.”