GlobeNewswire·Jan 15, 2026, 5:09 PM ET

Liberty Announces Closing of Final Tranche of LIFE Private Placement Raising a Total of $2.6 million

Liberty Defense Holdings Ltd. closed the final tranche of a non-brokered private placement, issuing 3,943,207 units at C$0.22 per unit for approximately $867,505 in gross proceeds.
The combined total gross proceeds from both tranches of the offering reached approximately $2.61 million.
Each unit includes one common share & one warrant, where the warrant allows the purchase of a share at C$0.30 from March 17, 2026, until January 15, 2027.
CEO Bill Frain stated that the company's HEXWAVE & HD-AIT technologies are fully developed & commercial sales are anticipated in 2026.
Management will attend the AlphaNorth Capital Event hosted by CEM Capital Event Management from January 16-18, 2026, in Nassau, Bahamas.
The offering was completed under a listed issuer financing exemption, meaning the securities are not subject to a hold period under Canadian securities laws.
The company paid C$49,945 in finder commissions & issued 227,024 non-transferrable warrants exercisable until January 15, 2027, at C$0.30 per share.
Proceeds will be used to scale HEXWAVE technology production & fulfill existing customer backlog orders.
The securities were not registered under the U.S. Securities Act & cannot be offered or sold within the United States without registration or an applicable exemption.