Sekur Private Data Raises CA$105,000 to Boost U.S. Marketing Efforts

Sekur Private Data Ltd., a Swiss-hosted cybersecurity and privacy communications platform, has successfully closed the first tranche of a non-brokered private placement, raising gross proceeds of CA$105,000. The company issued 3 million units at CA$0.035 each, with each unit comprising one common share and a full warrant exercisable at CA$0.05 for 24 months.

The capital raise represents a strategic move for the company, with proceeds earmarked for expanding its U.S. marketing initiatives and supporting general working capital requirements. By focusing on marketing efforts in the United States, Sekur aims to increase visibility and potentially grow its market share in the competitive cybersecurity and privacy communications sector.

The private placement highlights the company's commitment to scaling its operations and promoting its suite of encrypted communication tools. These solutions, which include secure emails, messengers, and communication platforms, serve a diverse client base including consumers, businesses, and government entities worldwide.

With increasing concerns about digital privacy and security, Sekur's Swiss-hosted solutions position the company to address growing market demand for robust, secure communication technologies. The funding will enable the company to potentially accelerate its market penetration and enhance its product offerings in the rapidly evolving cybersecurity landscape.