CyberCatch announces private placement – 06.09.2024

Vancouver, British Columbia and San Diego, California–(Newsfile Corp. – September 6, 2024) – CyberCatch Holdings, Inc. (TSXV:CYBE) (“CyberCatch” or the “Pursue“), a cybersecurity company offering an AI-powered platform solution for compliance and cyber risk mitigation, today announced that it intends to conduct a non-brokered private placement (the “Private placement“) for gross proceeds of up to $1,500,000, consisting of 10,000,000 units (each, a “Unit“) at a price of $0.15 per unit. Each unit consists of one common share (a “Ordinary share“) and a warrant to purchase one common share (a “WarrantyEach Warrant is exercisable into one common share at a price of $0.25 for a period of two years from the date of issuance, subject to an acceleration provision if the closing price of the Company’s common shares is $0.35 for 10 consecutive trading days.

In connection with the Private Placement, the Company may pay a finder’s fee up to the maximum amount permitted by the policies of the TSX Venture Exchange. The Private Placement may be completed in multiple tranches as subscriptions are received.