Liberty Announces Amended Terms of Listed Issuer Financing Exemption (LIFE) Private Placement of Units

Core Viewpoint - Liberty Defense Holdings Ltd. is amending the terms of its non-brokered private placement to raise between approximately $1,500,000 and $3,000,000 through the issuance of Units priced at $0.26 each [1][4]. Offering Details - The amended Offering will consist of a minimum of 5,769,230 Units and a maximum of 11,538,461 Units, with each Unit comprising one Common Share and one Warrant [1][2]. - Each Warrant allows the holder to purchase one Common Share at an exercise price of C$0.35, valid for 24 months post-closing [2]. - The Warrants are subject to a 10% blocker provision, restricting exercise if it results in the holder owning 10% or more of the outstanding Common Shares [2]. Expiry Conditions - The Warrants may face accelerated expiry if the closing price of Common Shares exceeds $0.75 for five consecutive trading days, with a 5-day notice period for exercise [3]. Regulatory Compliance - The Offering is conducted under the LIFE Exemption, allowing it to be offered to purchasers in Canadian provinces, excluding Quebec, without a hold period [4]. Use of Proceeds - Proceeds from the Offering will be allocated for purchasing inventory for HEXWAVE technology production, investor relations, marketing initiatives, operating expenses, and general working capital [6]. Closing Timeline - The Offering is expected to close on or about December 19, 2025, contingent upon receiving subscriptions for at least $1,500,000 and necessary approvals [7]. Company Overview - Liberty Defense Holdings Ltd. specializes in AI-based detection solutions for concealed weapons, with products like HEXWAVE, which offers modular and scalable protection [10]. - The company has secured exclusive licenses from MIT for advanced radar imaging technology and has recently added millimeter wave-based body and shoe scanner technologies to its portfolio [10].