Critical Infrastructure Technologies Ltd. Announces Non-Brokered Private Placement, Shares for Debt Settlement, Engagement of Plutus, Adoption of Amended and Restated Equity Incentive Plan and Grant of Compensation Securities

Core Viewpoint - Critical Infrastructure Technologies Ltd. (CiTech) is conducting a non-brokered private placement financing to raise up to C$500,000 through the issuance of up to 10,000,000 units, each consisting of one common share and one warrant [1][2] Financing Details - The offering price is set at C$0.05 per unit, with each warrant exercisable at $0.10 per share for a period of 36 months [1] - The net proceeds from the offering will be used for general working capital and compensation payments to Plutus [2] Debt Settlement - The company has agreed to settle certain management fees by issuing 10,000,000 settlement units at a deemed price of $0.05 per unit, similar in structure to the offering [4] - Each settlement unit also consists of one share and one warrant, with the same exercise terms as the offering [4] Equity Incentive Plan - An amended and restated equity incentive plan has been adopted, allowing for the issuance of up to 16,675,000 common shares to eligible participants [6] - The company has granted 7,450,000 stock options and 8,000,000 restricted share units under this plan [7] Consulting Agreement - CiTech has entered into a consulting agreement with Plutus Invest and Consulting GmbH for marketing and communications services over a twelve-month term, with a fee of approximately €100,000 [8]