Sekur Private Data Ltd. Completes Private Placement, Insiders Invest

Sekur Private Data Ltd., a Swiss-hosted cybersecurity firm, announced the closing of its non-brokered private placement. Company insiders purchased 450,000 units, contributing CA$20,250 to the gross proceeds. The company issued 32,254,950 units at CA$0.05 per unit, raising CA$1,612,757.50 in total.

Each unit includes a common share and a warrant, allowing the purchase of an additional share at CA$0.05 within 48 months. Cash finders fees and broker warrant fees were paid to licensed Canadian financial institutions to facilitate the offering.

The funds will support marketing of Sekur's privacy solutions in the US, Europe, and Africa, as well as general operations. The company's cybersecurity tools, like SekurMail, aim to provide secure digital communication and data protection.