Sekur Private Data Ltd. Announces Non-Brokered Private Placement

Rhea-AI Summary

Sekur Private Data Ltd. (OTCQB:SWISF) has announced a non-brokered private placement aiming to raise CA$2,000,000 (US$1,400,000) through the issuance of 40 billion units. Each unit, priced at CA$0.05, includes one common share and one full share purchase warrant exercisable at CA$0.05 for 48 months. The company plans to use the proceeds for marketing its privacy communications solutions in the US, Europe, and Africa, and for working capital. Additionally, Sekur has closed its previous private placement from March 31, 2025, which raised $105,000 through issuing 3 million units.

Positive

• Funds will support marketing expansion in key markets (US, Europe, Africa)
• Successfully closed previous private placement raising $105,000

Negative

• Significant dilution potential with 40 billion new units being issued
• Low unit price of CA$0.05 indicates potential financial distress
• Warrant exercise price equals unit price, suggesting no premium for future growth

MIAMI, FL AND VANCOUVER, BC / ACCESS Newswire / June 18, 2025 / Sekur Private Data Ltd. (OTCQB:SWISF)(CSE:SKUR)(FRA:GDT0) ("Sekur" or the "Company"), a leading Swiss hosted cybersecurity and privacy communications platform, is pleased to announce is a non-brokered private placement to raise gross proceeds of up to CA$2,000,000 (US$1,400,000) (the "Private Placement") through the issuance of up to 40,000,00,000 units (each a "Unit"). Each Unit consists of one common share (a "Share") priced at CA$0.05 per share, and one full share purchase warrant (a "Warrant"). Each Full Warrant will entitle the holder to purchase a Common share at a price of CA$0.05 per share for a period of 48 months from the closing date (the "Warrant Term").

The Company intends to use the net proceeds of the Private Placement for the marketing of its Sekur privacy communications solutions in the United States, Europe and Africa, and for general working capital purposes.

Additionally, the Company would like to announce that it has closed its previous private placement announced March 31, 2025. The placement closed in one tranche, issuing a total of 3,000,000 units for gross proceeds of $105,000 announced on April 30, 2025.

To find out more about Sekur's privacy communications solutions visit: https://sekur.com
For more company information, please visit: https://sekurprivatedata.com

About Sekur Private Data Ltd.
Sekur Private Data Ltd. is a cybersecurity and Internet privacy provider of Swiss hosted solutions for secure and private communications. The Company distributes a suite of encrypted e-mails, secure messengers and secure communication tools. Sekur sells its products through its own website, https://www.sekur.com, approved distributors and telecommunications companies worldwide. Sekur serves consumers and businesses worldwide.

Follow Sekur on X @sekurprivate

LinkedIn: https://www.linkedin.com/company/sekurprivatedata-ltd

CONTACT

Alain Ghiai
President and Chief Executive Officer SEKUR PRIVATE DATA LTD.
Email: corporate@sekurprivatedata.com
www.sekurprivatedata.com
Tel: +1.305.347.5114

Forward-Looking Information
This news release contains certain forward-looking information within the meaning of applicable Canadian securities laws ("forward-looking statements"). All statements other than statements of present or historical fact are forward-looking statements. Forward-looking statements are often, but not always, identified by the use of words such as "anticipate", "achieve", "could", "believe", "plan", "intend", "objective", "continuous", "ongoing", "estimate", "outlook", "expect", "project" and similar words, including negatives thereof, suggesting future outcomes or that certain events or conditions "may" or "will" occur. These statements are only predictions. These statements reflect management's current estimates, beliefs, intentions and expectations; they do not guarantee future performance. Sekur cautions that all forward-looking statements are inherently uncertain, and that actual performance may be affected by a number of material

factors, many of which are beyond Sekur's control. Such factors include, among other things: risks and uncertainties relating to the future of the Company's business; the success of marketing and sales efforts of the Company; the projections prepared in house and projections delivered by channel partners; the Company's ability to complete the necessary software updates; increases in sales as a result of investments software development technology; consumer interest in the Products; future sales plans and strategies; reliance on large channel partners and expectations of renewals to ongoing agreements with these partners; anticipated events and trends; the economy and other future conditions; and other risks and uncertainties, including those described in Sekur's prospectus dated May 8, 2019, filed with the Canadian Securities Administrators and available on www.sedarplus.ca. Accordingly, actual and future events, conditions and results may differ materially from the estimates, beliefs, intentions and expectations expressed or implied in the forward-looking information. Except as required under applicable securities legislation, Sekur undertakes no obligation to publicly update or revise forward-looking information.

SOURCE: Sekur Private Data Ltd.

View the original press release on ACCESS Newswire

FAQ

What is the size of Sekur Private Data's (SWISF) new private placement?

Sekur's new private placement aims to raise CA$2,000,000 (US$1,400,000) through issuing 40 billion units at CA$0.05 per unit.

What are the terms of SWISF's private placement warrants?

Each warrant allows purchase of one common share at CA$0.05 for 48 months from the closing date.

How will Sekur Private Data use the proceeds from the private placement?

The proceeds will be used for marketing Sekur's privacy communications solutions in the United States, Europe and Africa, and for general working capital.

What was the result of Sekur's previous private placement from March 2025?

The previous private placement closed with the issuance of 3 million units, raising gross proceeds of $105,000.

What is the unit price for Sekur's (SWISF) new private placement?

Each unit is priced at CA$0.05 and consists of one common share and one full share purchase warrant.