Cybx closes first trance of ppHilltop closes $442,342 first tranche of financing Hilltop Cybersecurity Inc (C:CYBX) Shares Issued 59,998,772 Last Close 12/5/2018 $0.09 Thursday December 6 2018 - News Release An anonymous director reports HILLTOP CYBERSECURITY CLOSES FIRST TRANCHE OF PRIVATE PLACEMENT Hilltop Cybersecurity Inc. has closed the first tranche of its previously announced non-brokered private placement (see the company's news release dated Nov. 15, 2018) of units of the company. Each unit consists of one common share of the company (each a "Common Share") and one common share purchase warrant (each, a "Warrant"), with each Warrant entitling the holder thereof to purchase one Common Share at an exercise price of $0.14 per Common Share for a period of three (3) years from its date of issuance. Aggregate gross proceeds of $442,342, were raised through the issuance of 4,423,420 Units pursuant to the Placement. The Units (and securities underlying the Units) issued under the Placement will be subject to a four-month and one day hold period from the date of closing. An insider participated in the Placement acquiring a total of 629,820 Units on the same basis as other subscribers. The participation in the Placement by insiders of the Company constitutes a "related party transaction" as such term is defined under Multilateral Instrument 61-101 - Protection of Minority Security Holders in Special Transactions ("MI 61-101"). The Company is relying on exemptions from the formal valuation and minority approval requirements under MI 61-101. The Company relied on Section 5.5(a) of MI 61-101 for an exemption from the formal valuation requirement and Section 5.7(1)(a) of MI 61-101 for an exemption from the minority shareholder approval requirement of MI 61-101 as the fair market value of the transaction insofar as the transaction involved interested parties did not exceed 25% of the Company's market capitalization. The Company also announces that it has settled debts totaling $17,028 via the issuance issue a total of 170,280 Units at a price of $0.10 per share. No insider participated in this settlement and the issued shares will be subject to a hold period of four months and one day from the date of closing. About Hilltop Cybersecurity Hilltop Cybersecurity (CSE:CYBX) (OTC:BGGWF) is a cybersecurity and cryptocurrency security specialist. The Company has developed a unique, patented, cybersecurity platform, designed to protect businesses from external and internal cyber attack, and has also patented its biometric security solution for crypto-currencies. We seek Safe Harbor. 2018 Canjex Publishing Ltd.