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Liberty Defense Down After Upsizing Equity Financing to $4.4 Million
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Liberty Defense Down After Upsizing Equity Financing to $4.4 Million
Jul 17, 2025 11:11 AM

01:57 PM EDT, 07/17/2025 (MT Newswires) -- Liberty Defense ( LDDFF ) on Thursday said it upsized a non-brokered private-placement financing to $4.4 million from $3.75 million.

The company is now offering 20-million units priced at $0.22 each and made up of a share and a one-year warrant to buy a share for $0.35.

Proceeds will be used to buy inventory to further the production of HEXWAVE technology units, investor relations and marketing initiatives, operating expenses and for general working capital purposes. The offering is scheduled to close on or about July 22.

Shares of the company were last seen down $0.005 at $0.23 on the TSX Venture Exchange.

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