Defsec prices private placement at CAD 2.84 per share, targets CAD 5.54 million proceeds

Reuters2026/08/17 11:29

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Defsec announced a private placement of 1,951,219 common shares or pre-funded warrants at CAD 2.84 each.
Deal includes 1,951,219 common share purchase warrants exercisable at CAD 3.3 for 60 months from closing.
Gross proceeds expected at about CAD 5.54 million, before fees.
Net proceeds earmarked for business development, intellectual property protection, registrations, and working capital.
Closing expected around Aug. 18, 2026, subject to TSXV clearance; securities are unregistered under the U.S. Securities Act.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Defsec Technologies Inc. published the original content used to generate this news brief via PR Newswire (Ref. ID: 202608170729PR_NEWS_USPR_____TO27280) on August 17, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Defsec prices private placement at CAD 2.84 per share, targets CAD 5.54 million proceeds

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