January 2, 2019 – Kelowna, B.C., Canada – Hilltop Cybersecurity Inc, (“Hilltop” or the “Company”) (CSE: CYBX) (OTC: BGGWF), is pleased to announce that it has closed the second tranche of its previously announced non-brokered private placement (the “Placement“) (November 15, 2018) of units of the Company (“Units“). Each Unit consists of one common share of the Company (each a “Common Share“) and one common share purchase warrant (each, a “Warrant“), with each Warrant entitling the holder thereof to purchase one Common Share at an exercise price of $0.14 per Common Share for a period of three (3) years from its date of issuance. The Company raised $100,000, and issued 1,000,000 Units for the second tranche for a gross total of $542,342 for the Placement to date.
The Units (and securities underlying the Units) issued under the Placement will be subject to a fourmonth and one day hold period from the date of closing.
For further information, please contact:
This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities described herein in the United States. The securities described herein have not been registered under the United States Securities Act of 1933, as amended (the “U.S. Securities Act”), or any state securities law and may not be offered or sold in the “United States”, as such term is defined in Regulation S promulgated under the U.S. Securities Act, unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration requirements is available.
About Hilltop Cybersecurity
Hilltop Cybersecurity (CSE:CYBX) (OTC:BGGWF) is a cybersecurity and cryptocurrency security specialist. The Company has developed a unique, patented, cybersecurity platform, designed to protect businesses from external and internal cyber attack, and has also patented its biometric security solution for cryptocurrencies.
The CSE has not reviewed and does not accept responsibility for the adequacy or accuracy of this news release.