08:04:04 EDT Wed 08 Apr 2026
Enter Symbol
or Name
USA
CA



Integrated Cyber Solutions Inc
Symbol ICS
Shares Issued 74,265,314
Close 2026-04-07 C$ 0.61
Market Cap C$ 45,301,842
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Integrated Cyber arranges $2-million private placement

2026-04-08 01:05 ET - News Release

Mr. Alan Guibord reports

INTEGRATED QUANTUM TECHNOLOGIES ANNOUNCES NON-BROKERED PRIVATE PLACEMENT OF UNITS

Integrated Cyber Solutions Inc. has arranged a non-brokered private placement financing of up to four million units in the capital of the company at a price of 50 cents per unit for aggregate gross proceeds of up to $2-million. Each unit will consist of one common share of the company and one-half of one common share purchase warrant. Each warrant will be exercisable to purchase one additional share at an exercise price of 75 cents for a term of two years from the date of issuance thereof.

The company intends to use the net proceeds of the offering for general working capital and software development.

The unit shares, warrants and warrant shares issued pursuant to the offering will be subject to a four-month hold period pursuant to securities laws in Canada. Any participation by insiders in the offering will constitute a related party transaction under Multilateral Instrument 61-101, Protection of Minority Security Holders in Special Transaction, but is expected to be exempt from the formal valuation and minority shareholder approval requirements of MI 61-101.

The offering is expected to close on April 17, 2026, or on such other date or dates in one or more tranches as may be determined by the company. The closing of the offering is subject to certain conditions, including, but not limited to, the submission of all required forms to the Canadian Securities Exchange. The company's previously announced offering of shares pursuant to its press release dated Feb. 24, 2026, has been terminated in connection with the launch of the offering.

The company is further pleased to announce the appointment of Margaret Miller as corporate secretary of the company effective as of April 7, 2026.

Ms. Miller reports is an experienced corporate administrator having served over 15 years in numerous executive administrator, corporate secretary and investor relations roles. She has held positions in various fast-paced and deadline-oriented entities in Europe, Hong Kong, United States and Canada.

Further to the appointment of Ms. Miller, the company has entered into a management services agreement dated April 7, 2026, with Branson Corporate Services Ltd., a company which Ms. Miller is a director. Pursuant to the services agreement, the company will pay Branson a fixed monthly fee of $3,000 plus applicable taxes. There may be additional fees paid by the company to Branson in relation to additional services provided by Branson.

About Integrated Quantum Technologies Inc.

Integrated Quantum Technologies is building quantum-ready infrastructure to help secure and scale artificial intelligence. The company's product offerings include AIQu platform, which supports its long-term strategy for privacy-preserving and resilient AI (artificial intelligence) systems, and VEIL, its first commercial product designed to protect sensitive AI data and workflows in enterprise environments. Integrated Quantum Technologies' proprietary technologies address emerging postquantum security risks, growing compute demands and the increasing complexity of deploying AI at scale, complemented by its managed services offering and SecureGuard360 cybersecurity platform for end-to-end AI security and monitoring.

We seek Safe Harbor.

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