Sekur Private Data Signs Distribution Agreement In Africa

Executive Summary

• Sekur Private Data signed a distribution agreement with Mokilink Services to sell its cybersecurity platform in the Democratic Republic of Congo, with sales expected to begin by end‑Q2 2026.
• The company announced a private placement of 571,428 units at CA$0.05 per unit, raising gross proceeds of approximately CA$28,571 (≈US$20,000). Each unit includes one common share and one full warrant exercisable at CA$0.05 for 48 months.
• The agreement expands Sekur’s presence in Africa amid a surge in cyber‑attacks targeting the region.

Key Details

• Distribution Agreement
• Partner: Mokilink Services (online/offline community platform operating in DRC and other African countries).
• Scope: Sekur will provide cybersecurity and private communications solutions through Mokilink’s sales network.
• Implementation: Training of Mokilink sales staff and translation of marketing collateral into French is underway.

• Expected sales start: End of Q2 2026.

• Private Placement Financing

• Units issued: 571,428 units at CA$0.05 per unit.
• Gross proceeds: CA$28,571 (≈US$20,000).
• Composition of each unit: 1 common share + 1 full common share purchase warrant.
• Warrant terms: Right to purchase one additional common share at CA$0.05 for a period of 48 months post‑closing.
• Hold period: Shares subject to a four‑month hold in accordance with Canadian securities law.

• Relation to prior placement: Linked to the private placement closed on June 30 2025 (referenced release).

• Market Context

• Cyber‑attacks in Africa, especially Business Email Compromise, have risen sharply over the past six months; 8 of the top 20 cyber‑hacked countries are African (Tech.Africa report).

Notable Quotes

“We are very excited to have signed our first distribution agreement in the Democratic Republic of Congo. We believe this will be the beginning of a long and fruitful relationship…as cyber‑attacks have exponentially increased in Africa.” – Alain Ghiai, CEO, Sekur Private Data

Materiality Assessment: Non‑Material – Positive (the financing amount is modest; the partnership represents a strategic expansion but does not yet constitute a material financial impact).