Sekur Private Data Secures CA$105,000 in Private Placement Funding for U.S. Market Expansion

Sekur Private Data Ltd., a Swiss-hosted cybersecurity and privacy communications platform, has successfully closed the first tranche of its non-brokered private placement, raising gross proceeds of CA$105,000. The company issued 3 million units at CA$0.035 per unit, with each unit consisting of one common share and a full warrant exercisable at CA$0.05 for a 24-month period. This funding round was completed without any finders' fees, making it a clean capital raise for the company.

The proceeds from this private placement will be strategically allocated toward expanding Sekur's U.S. marketing efforts for its privacy communications solutions and supporting general working capital needs. This represents a significant step in the company's growth strategy as it seeks to increase its market presence in the competitive cybersecurity sector. Sekur Private Data specializes in providing encrypted communication tools through its comprehensive suite of services available at https://www.sekur.com, including secure email, messaging, and data management solutions that cater to privacy-conscious users worldwide.

The company serves a diverse global customer base that includes consumers, businesses, and government entities through multiple distribution channels. These include direct sales via the company's website, approved distributors, and telecommunications partners operating internationally. The private placement represents a strategic move for Sekur to enhance its market presence and continue developing its suite of secure communication technologies. By focusing specifically on U.S. market expansion, the company aims to strengthen its position in the increasingly important cybersecurity and privacy communications landscape where demand for secure communication tools continues to grow.

This funding comes at a time when concerns about digital privacy and data security are at an all-time high, making Sekur's encrypted communication platform particularly relevant in today's market. The company's Swiss-hosted infrastructure provides an additional layer of privacy protection for users seeking alternatives to mainstream communication platforms. The successful completion of this private placement demonstrates investor confidence in Sekur's business model and growth potential as it positions itself to capture market share in the expanding cybersecurity sector.