Plurilock Security Inc V.PLUR

Plurilock Announces Acquisition of Integra Networks Corp

[Betteryear2]

• Integra is a leading provider of enterprise-level technology solutions, with a large Canadian government client network
• Purchase price of CA$1.2 million to be funded via a combination of Plurilock shares, cash on hand, and milestone driven earn outs
• The acquisition is intended to provide Plurilock with another compelling opportunity to build shareholder value through accretive and disciplined capital allocation to extend its distribution channels, while adding new top-tier customers to its business

Vancouver, British Columbia--(Newsfile Corp. - March 7, 2022) - Plurilock Security Inc. (TSXV: PLUR) (OTCQB: PLCKF) and related subsidiaries ("Plurilock" or the "Company"), an identity-centric cybersecurity solutions provider for workforces, is pleased to announce that the Company has acquired all the issued and outstanding shares of Integra Networks Corporation ("Integra"), a leading Canadian enterprise IT and cybersecurity solutions provider (the "Transaction").
 

https://www.newsfilecorp.com/release/115770

[partystocker]

This is a huge move for $PLUR.v. I'm viewing this announcement as a huge catalyst. Expecting to see shares start climbing soon.