/NOT FOR DISTRIBUTION TO U.S. NEWSWIRES OR DISSEMINATION IN THE UNITED STATES/
VANCOUVER, BC, WILMINGTON, Mass., and ATLANTA, March 11, 2022 /CNW/ – Liberty Protection Holdings Ltd. (“Liberty” or the “Firm“) (TSXV: SCAN) (OTCQB: LDDFF) (FRANKFURT: LD2), a number one expertise supplier of hid weapons and menace detection options, is issuing this information launch to make clear sure of the disclosure included within the Firm’s information launch dated February 14, 2021, relating to the Firm’s retention of Promethean Advertising and marketing Inc. (“Promethean“). This information launch is made in accordance with the necessities of TSX Enterprise Alternate Coverage 3.4 – Investor Relations, Promotional and Market Making Actions.
On December 16, 2021, the Firm entered into an internet advertising and marketing settlement (the “Settlement“) with Promethean, a communications agency, pursuant to which Promethean will design, create, and distribute promoting content material on the Firm’s behalf. Topic to the approval of the TSX Enterprise Alternate, the Settlement’s efficient begin date shall be March 1, 2022. The Firm has agreed to offer a non-refundable deposit of US$50,000 for use for design and content material creation, which shall be paid previous to the graduation of Promethean’s companies. Moreover, the Firm has made a minimal dedication of US$300,000 in direction of a digital promoting finances for a interval of twelve months from the efficient date (the “Time period“). Funds to Promethean will happen on the finish of every month after the relevant companies are rendered, and the quantity paid every month shall be primarily based on the companies which are rendered in such month. For instance, if US$50,000 in companies are rendered by Promethean in the course of the first month of the Time period, the Firm pays Promethean US$50,000 on the finish of the primary month of the Time period. After the expiry of the Time period, the Settlement will proceed on a month-to-month foundation until terminated by both occasion. The Settlement could also be terminated on the discretion of both occasion at any time upon thirty (30) days’ written discover.
Promethean is predicated in Maryland, USA and gives public disclosure options to numerous issuers throughout a wide range of trade segments. William Kaitz, President of Promethean, owns 90% of Promethean, and Kailyn White, Vice-President of Promethean, owns 10% of Promethean. To the most effective of the Firm’s information Promethean doesn’t have any fairness curiosity within the securities of the Firm, or a proper to accumulate such an curiosity. Promethean is at arm’s size to the Firm. Promethean will present the Firm with a possibility to overview all content material describing the Firm generated on behalf of Promethean previous to its publication, and Promethean won’t publish or distribute any content material with the prior approval of the Firm. The Settlement stays topic to the approval of the TSX Enterprise Alternate.
This press launch doesn’t represent a suggestion to promote or a solicitation of a suggestion to purchase any securities in the USA. The securities described herein haven’t been and won’t be registered underneath the USA Securities Act of 1933, as amended (the “U.S. Securities Act“) or any state securities legal guidelines, and is probably not supplied or bought inside the USA or to U.S. Individuals until registered underneath the U.S. Securities Act and relevant state securities legal guidelines or an exemption from such registration is accessible. This press launch shouldn’t be for distribution to U.S. newswire companies nor for dissemination in the USA. Any failure to adjust to this restriction could represent a violation of U.S. securities legal guidelines.
On Behalf of Liberty Protection
Invoice Frain
CEO & Director
About Liberty Protection
Liberty Protection (TSXV: SCAN, OTCQB: LDDFF, FRANKFURT: LD2) gives multi-technology safety options for hid weapons detection in excessive quantity foot visitors areas and areas requiring enhanced safety corresponding to airports, stadiums, colleges, and extra. Liberty’s HEXWAVE product, for which the corporate has secured an unique license from Massachusetts Institute of Know-how (MIT), in addition to a expertise switch settlement for patents associated to lively 3D radar imaging expertise, gives discrete, modular, and scalable safety to offer layered, stand-off detection functionality of metallic and non-metallic weapons. Liberty has additionally not too long ago licensed the millimeter wave-based, Excessive-Definition Superior Imaging Know-how (HD-AIT) physique scanner and shoe scanner applied sciences as a part of its expertise portfolio. Liberty is dedicated to defending communities and preserving peace of thoughts by way of superior safety detection options. Study extra: LibertyDefense.com
FORWARD-LOOKING STATEMENTS
When used on this press launch, the phrases “estimate”, “undertaking”, “perception”, “anticipate”, “intend”, “count on”, “plan”, “predict”, “could” or “ought to” and the detrimental of those phrases or such variations thereon or comparable terminology are meant to determine forward-looking statements and knowledge. Though Liberty believes, in gentle of the expertise of their respective officers and administrators, present circumstances and anticipated future developments and different components which have been thought of applicable, that the expectations mirrored within the forward-looking statements and knowledge on this press launch are affordable, undue reliance shouldn’t be positioned on them as a result of the events can provide no assurance that such statements will show to be right. The forward-looking statements and knowledge on this press launch embrace, amongst others, the TSX Enterprise Alternate’s approval of the Settlement. Such statements and knowledge replicate the present view of Liberty. There are dangers and uncertainties that will trigger precise outcomes to vary materially from these contemplated in these forward-looking statements and knowledge.
By their nature, forward-looking statements contain recognized and unknown dangers, uncertainties and different components which can trigger our precise outcomes, efficiency or achievements, or different future occasions, to be materially totally different from any future outcomes, efficiency or achievements expressed or implied by such forward-looking statements. There are a selection of vital components that might trigger Liberty’s precise outcomes to vary materially from these indicated or implied by forward-looking statements and knowledge. Such components embrace, amongst others: foreign money fluctuations; restricted enterprise historical past of the events; disruptions or modifications within the credit score or safety markets; outcomes of operation actions and growth of initiatives; undertaking price overruns or unanticipated prices and bills; and basic growth, market and trade circumstances. The events undertake no obligation to touch upon analyses, expectations or statements made by third events in respect of their securities or their respective monetary or working outcomes (as relevant).
Liberty cautions that the foregoing record of fabric components shouldn’t be exhaustive. When counting on Liberty’s forward-looking statements and knowledge to make choices, traders and others ought to fastidiously think about the foregoing components and different uncertainties and potential occasions. Liberty has assumed that the fabric components referred to within the earlier paragraph won’t trigger such forward-looking statements and knowledge to vary materially from precise outcomes or occasions. Nevertheless, the record of those components shouldn’t be exhaustive and is topic to alter and there might be no assurance that such assumptions will replicate the precise final result of such gadgets or components. The forward-looking info contained on this press launch represents the expectations of Liberty as of the date of this press launch and, accordingly, are topic to alter after such date. Liberty doesn’t undertake to replace this info at any explicit time besides as required in accordance with relevant legal guidelines.
Neither the TSX Enterprise Alternate nor its Regulation Companies Supplier (as that time period is outlined within the insurance policies of the TSX Enterprise Alternate) accepts accountability for the adequacy or accuracy of this press launch.
SOURCE Liberty Protection Holdings Ltd.
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