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Plurilock Security Inc V.PLUR

Alternate Symbol(s):  PLCKF

Plurilock Security Inc. is a Canada-based identity-centric cybersecurity company. The Company secures workforces in the age of AI through its Plurilock AI platform, delivering advanced identity, data safety and guard rails to safely implement AI solutions to commercial and government customers worldwide. The Company operates through two operating divisions: the Technology Division and the Solutions Division. The Technology Division operates under the Plurilock brand, builds and operates its own proprietary product (DEFEND), as well as the acquired product (CloudCodes). The Technology Division is operated by PSI, PL, PLUS and PSP. The Company's corporate overhead expenses associated with PSI are allocated to the Technology Division. The Solutions division is separately operated by ASC and INC. The Solutions division offers services, cybersecurity industry products and technologies other than its own proprietary products (DEFEND).


TSXV:PLUR - Post by User

Post by melowon Mar 26, 2021 10:57pm
208 Views
Post# 32891965

Halt

HaltBetter be good news otherwise these recent investors will be scr$%#ed:

 

Plurilock Security 3,326,004-share private placement

 

2021-03-11 18:36 ET - Private Placement

 

The TSX Venture Exchange has accepted for filing documentation with respect to a non-brokered private placement announced Feb. 18, 2021.

 

Number of shares:  3,326,004 shares

Purchase price:  48 cents per share

Warrants:  1,662,999 share purchase warrants to purchase 1,662,999 shares

Warrant exercise price:  65 cents for a two-year period

Number of placees:  53 placees

Total pro group involvement:  175,000 (three placees)

Finders' fees:  Canaccord Genuity Corp., $20,991.03 cash and 43,731 finder warrants payable; Echelon Wealth Partners Inc., $12,487.78 cash and 26,016 finder warrants; PI Financial Corp., $5,376 cash and 11,200 finder warrants; Mackie Research Capital Corp., $5,510.40 cash and 11,480 finder warrants; CIBC World Markets Inc., $5,040 cash payable; Clareste Wealth Management Inc., $5,040 cash and 11,200 finder warrants (Each finder warrant is exercisable at 65 cents for two years from closing.)

 

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