Bullboard - Stock Discussion Forum 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... see more

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TSXV:PLUR - Post Discussion

Plurilock Security Inc > $PLUR.v secures up to US$2 million line of credit

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Post by culturedpiggy01 on Mar 09, 2022 2:56pm

$PLUR.v secures up to US$2 million line of credit

$PLUR.v has announced that through their wholly-owned subsidiary, Aurora Systems Consulting, Inc., they’ve obtained a revolving line of credit from Crestmark (Commercial Finance division - MetaBank) for up to US$2 million. Details here: https://ca.finance.yahoo.com/news/plurilocks-aurora-systems-secures-us-120000262.html

On the news, Ian L. Paterson, CEO $PLUR said, ”This credit facility is a shareholder friendly financing alternative that provides us with flexibility to address our working capital needs at Aurora and enables the Company to focus on its growth plans, which include strategic acquisitions and organic growth from our innovative suite of zero trust identity products.”

td, $PLUR.v trading at $0.33 with market cap at $23.02 M

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