Sekur Private Data Ltd. Secures CA$1.7 Million in Private Placement for Global Expansion

Sekur Private Data Ltd. (CSE: SKUR) (OTCQB: SWISF) (FSE: GDT0), a leading Swiss-hosted cybersecurity and privacy communications platform, has announced the closure of its non-brokered private placement, raising gross proceeds of CA$1,703,461.75. This financial milestone is pivotal for the company as it seeks to amplify its marketing initiatives across the United States, Europe, and Africa, alongside enhancing its general working capital.

The private placement involved the issuance of 34,069,235 units at CA$0.05 per unit, with each unit comprising one common share and one full warrant exercisable at CA$0.05 for 48 months. Notably, company officers and directors participated in the placement, purchasing 450,000 units. The transaction also included cash payments and the issuance of 200,000 broker warrants to licensed Canadian institutions, underscoring the confidence of both internal stakeholders and professional investors in Sekur's growth trajectory.

This capital infusion is strategically timed to support Sekur Private Data's mission to provide secure communications and data management solutions on a global scale. The company's suite of encrypted emails, secure messengers, and communication tools caters to a diverse clientele, including consumers, businesses, and governments, emphasizing the universal need for privacy and security in digital communications.

The significance of this funding extends beyond the immediate financial boost. It reflects the growing demand for cybersecurity solutions in an era where digital privacy concerns are at an all-time high. By expanding its market presence, Sekur Private Data is positioning itself as a key player in the global effort to safeguard digital communications against increasing threats.

For further details on Sekur Private Data Ltd. and its offerings, interested parties can visit the company's website at https://www.Sekur.com.