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Liberty Defense Holdings closes listed issuer financing exemption (LIFE) private placement of units

Fasken
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Overview

Client

Canaccord Genuity Corp.

Liberty Defense Holdings Ltd., a leading technology provider of AI-based next generation detection solutions for concealed weapons and threats, announced that it has closed the brokered private placement of 17,827,635 units of the Company at the price of C$0.20 per Unit for gross proceeds of $3,565,527.

Canaccord Genuity Corp. acted as agent and sole bookrunner under the Offering on behalf of a syndicate of agents that included PI Financial Corp. and Research Capital Corporation.

Fasken advised Canaccord Genuity Corp. with a team led by Michael Stephens and included Brandon Deans and Irina Blair.

 

Jurisdiction

  • British Columbia

Team

  • Mike M. Stephens, Partner, Vancouver, BC, +1 604 631 3162, mstephens@fasken.com
  • Brandon Deans, Associate, Vancouver, BC, +1 604 631 4776, bdeans@fasken.com
  • Irina Blair, Associate, Vancouver, BC, +1 604 631 3252, iblair@fasken.com