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Source: Plurilock
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  • Leede Jones Gable Inc. has agreed to purchase 8,000,000 common shares of Plurilock (PLUR) for gross proceeds of $4,000,000
  • Proceeds will be used for general working capital, research and development, marketing and general corporate purposes
  • The offering is expected to close on or about November 10, 2021
  • Plurilock is an innovative, identity-centric cybersecurity company
  • Plurilock Security Inc. (PLUR) opened trading at C$0.56 per share

As lead underwriter and sole bookrunner, Leede Jones Gable has agreed to purchase 8,000,000 common shares of Plurilock (PLUR) for gross proceeds of $4,000,000.

Plurilock has granted Leede Jones Gable Inc. an over-allotment option to purchase up to an additional 15 per cent of the number of shares sold in the offering.

Proceeds will be used for general working capital, research and development, marketing and general corporate purposes.

The offering is expected to close on or about November 10, 2021, and is subject to all necessary regulatory approvals, including the approval of the TSX Venture Exchange.

Plurilock provides identity-centric cybersecurity for today’s workforces. Plurilock offers world-class IT and cybersecurity solutions through its Solutions Division, paired with proprietary, AI-driven and cloud-friendly security through its Technology Division.

Plurilock Security Inc. (PLUR) opened trading at C$0.56 per share.

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