• Plurilock (PLUR) has closed a non-brokered private placement for gross proceeds of $1,755,115
  • Under the final tranche, the company issued 1,421,393 units at $0.14 per unit for gross proceeds of $198,995
  • Plurilock offers world-class IT and cybersecurity solutions paired with proprietary, AI-driven and cloud-friendly security
  • Plurilock Security Inc. (PLUR) is down 3.03 per cent, trading at C$0.16 per share at 1 pm ET

Plurilock (PLUR) has closed a non-brokered private placement for gross proceeds of $1,755,115.

Under the final tranche, the company issued 1,421,393 units at $0.14 per unit for gross proceeds of $198,995. Each unit consists of one common share and one common share purchase warrant. Each warrant entitles the holder to acquire one additional share at a price of $0.25 until January 16, 2025.

The final tranche was completed under the listed issuer financing exemption. Therefore the securities issued are not subject to a hold period 

Net proceeds raised will be used for general corporate purposes.

Plurilock offers world-class IT and cybersecurity solutions through its Solutions Division, paired with proprietary, AI-driven and cloud-friendly security through its Technology Division.

Plurilock Security Inc. (PLUR) is down 3.03 per cent, trading at C$0.16 per share at 1 pm ET.


More From The Market Online

Liberty Defense lands multi-unit contract with regional airport

AI stock Liberty Defense (TSXV:SCAN) wins a contract with the Manchester-Boston Regional Airport to deploy its HEXWAVE screening device.
stock market down

@ the Bell: TSX sinks as producer prices rise

The TSX couldn’t get a rally going on Tuesday after reports that the Industrial Product Price Index rose 1.5 per cent in April.

Ivanhoe Mines initiates Phase 3 concentrator construction

Ivanhoe Mines (TSX:IVN) reveals the first ore was fed into the Phase 3 concentrator at its Kamoa-Kakula Copper Complex.