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Plurilock Announces New 10% Shareholder

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Plurilock (OTCQB: PLCKF) announced that technology firm ZenaTech, listed on NASDAQ, has disclosed an approximately 10% ownership stake in the company. An Early Warning Report shows ZenaTech holds about 11.17 million Plurilock common shares. ZenaTech holds the securities for investment purposes and may buy more, sell, or hold based on market conditions. Plurilock reports it remains focused on executing its business strategy, expanding its cybersecurity solutions and government and enterprise customer relationships, and supporting long-term shareholder value.

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Positive

  • ZenaTech discloses ownership of approximately 11.17 million Plurilock shares, about 10% of outstanding common shares
  • Early Warning Report provides greater transparency around a significant Plurilock shareholder

Negative

  • None.
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Vancouver, British Columbia--(Newsfile Corp. - June 3, 2026) - Plurilock Security Inc. (TSXV: PLUR) (OTCQB: PLCKF) ("Plurilock" or the "Company"), a global cybersecurity solutions provider, acknowledged the disclosure by ZenaTech, Inc. ("ZenaTech") of its approximately 10% ownership position in Plurilock. ZenaTech trades on the NASDAQ and is a technology solution provider specializing in AI (Artificial Intelligence) drone, Drone as a Service (DaaS), enterprise SaaS, and Quantum Computing solutions.

According to the filing of an Early Warning Report, ZenaTech disclosed ownership of approximately 11.17 million common shares of Plurilock, representing approximately 10% of the Company's issued and outstanding common shares.

ZenaTech has reported that the securities are held for investment purposes, and depending on market and other conditions, or as future circumstances may dictate, ZenaTech may, from time to time, acquire additional securities of the Company, dispose of some or all of its existing or additional securities, or continue to hold the securities currently held.

https://www.newsfilecorp.com/release/299878/ZenaTech-Files-Early-Warning-Report-Pursuant-to-National-Instrument-61103

The Company remains focused on the execution of its business strategy, including the expansion of its cybersecurity solutions, government and enterprise customer relationships, and long-term shareholder value creation.

About Plurilock

Plurilock is a services-led, product-enabled, AI-native cybersecurity company that solves complex cyber problems in high-stakes environments where failure isn't an option. Trusted by Five-Eyes governments, NATO-aligned agencies, and Global 2000 enterprises, we defend critical infrastructure and safeguard the systems that power modern life. Our Critical Services division delivers operational resilience through unmatched expertise, proprietary IP, and AI-driven playbooks.

For more information, visit https://www.plurilock.com or contact:

Ian L. Paterson
Chief Executive Officer
ian@plurilock.com
416.800.1566

Ali Hakimzadeh
Executive Chairman
ali@sequoiapartners.ca
604.306.5720

Neither the TSX Venture Exchange nor its Regulation Service Provider (as that term is defined in the TSX Venture Exchange policies) accepts responsibility for the adequacy or accuracy of this release.

Forward-Looking Statements

This press release may contain certain forward-looking statements and forward-looking information (collectively, "forward-looking statements") related to future events or Plurilock's future business, operations, and financial performance and condition. Forward-looking statements normally contain words like "will", "intend", "anticipate", "could", "should", "may", "might", "expect", "estimate", "forecast", "plan", "potential", "project", "assume", "contemplate", "believe", "shall", "scheduled", and similar terms. Forward-looking statements are not guarantees of future performance, actions, or developments and are based on expectations, assumptions, and other factors that management currently believes are relevant, reasonable, and appropriate in the circumstances. Although management believes that the forward-looking statements herein are reasonable, actual results could be substantially different due to the risks and uncertainties associated with and inherent to Plurilock's business. Additional material risks and uncertainties applicable to the forward-looking statements herein include, without limitation, the impact of general economic conditions, and unforeseen events and developments. This list is not exhaustive of the factors that may affect the Company's forward-looking statements. Many of these factors are beyond the control of Plurilock. All forward-looking statements included in this press release are expressly qualified in their entirety by these cautionary statements. The forward-looking statements contained in this press release are made as at the date hereof, and Plurilock undertakes no obligation to update publicly or to revise any of the included forward-looking statements, whether as a result of new information, future events, or otherwise, except as may be required by applicable securities laws. Risks and uncertainties about the Company's business are more fully discussed under the heading "Risk Factors" in its most recent Annual Information Form. They are otherwise disclosed in its filings with securities regulatory authorities available on SEDAR+ at www.sedarplus.ca.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/299930

FAQ

Who is the new 10% shareholder of Plurilock (OTCQB: PLCKF)?

The new 10% shareholder of Plurilock is ZenaTech, a NASDAQ-traded technology solutions provider. According to Plurilock, ZenaTech specializes in AI drones, Drone as a Service, enterprise SaaS, and quantum computing solutions while holding a significant investment stake in Plurilock.

How many Plurilock (PLCKF) shares does ZenaTech own as of June 3, 2026?

ZenaTech owns about 11.17 million Plurilock common shares as of June 3, 2026. According to Plurilock, this position represents approximately 10% of the company’s issued and outstanding common shares, making ZenaTech a significant shareholder.

What does ZenaTech’s 10% ownership mean for Plurilock (PLCKF) shareholders?

ZenaTech’s 10% ownership makes it a major Plurilock shareholder with about 11.17 million shares. According to Plurilock, ZenaTech holds the stake for investment purposes and may buy more, sell part or all, or maintain its current position over time.

Is ZenaTech planning to buy more Plurilock (PLCKF) shares?

ZenaTech may buy more Plurilock shares, sell, or hold its current stake over time. According to Plurilock, ZenaTech’s Early Warning Report states future actions depend on market conditions and other factors affecting its investment decisions.

Why did Plurilock (PLCKF) highlight ZenaTech’s Early Warning Report?

Plurilock highlighted ZenaTech’s Early Warning Report to inform investors about a new approximately 10% shareholder. According to Plurilock, the filing discloses ZenaTech’s holding of about 11.17 million shares and its investment-purpose intentions regarding the position.

What business focus did Plurilock (PLCKF) reiterate alongside the ZenaTech stake announcement?

Plurilock reiterated its focus on executing its cybersecurity business strategy and growing key relationships. According to Plurilock, priorities include expanding cybersecurity solutions, strengthening government and enterprise customer relationships, and emphasizing long-term shareholder value creation regardless of the new shareholder disclosure.