An anonymous director reports

LIBERTY DEFENSE ANNOUNCES CLOSING OF ITS U.S. INITIAL PUBLIC OFFERIN

Liberty Defense Holdings Ltd. has closed its initial public offering in the United States of 3,673,638 common shares at a public offering price of $4.50 per share and, to certain investors, in lieu of common shares, prefinanced warrants to purchase 770,807 common shares at a purchase price of $4.4999 per prefinanced warrant, which represented the public offering price per share, minus the 0.01 cent per share exercise price of each such prefinanced warrant. The gross proceeds of the offering, before deducting underwriting discounts and commissions and other estimated offering expenses payable by Liberty, were approximately $20-million. In connection with the offering, Liberty granted the underwriters a 30-day option to purchase up to an additional 666,666 common shares solely to cover overallotments, if any.

The common shares began trading on the Nasdaq Capital Market on April 22, 2026, under the symbol DETX. In connection with its listing on the Nasdaq Capital Market, the common shares ceased trading on the OTCQB Venture Market under the symbol LDDFF. The common shares will continue to be listed for trading on the TSX Venture Exchange.

The Benchmark Company LLC acted as sole bookrunning manager for the offering.

Any securities issued pursuant to the offering to Canadian purchasers are subject to a four-month hold period from the date of issuance under applicable Canadian securities laws.

A registration statement on Form F-1 relating to these securities has been filed with the SEC and was declared effective on March 31, 2026. The offering was made only by means of a prospectus. Copies of the final prospectus relating to the offering may be obtained free of charge by visiting EDGAR on the website of the U.S. Securities and Exchange Commission (SEC). Alternatively, copies of the final prospectus may be obtained from The Benchmark Company at 150 East 58th St., 17th floor, New York, N.Y., 10155, or by e-mail at prospectus@benchmarkcompany.com.

About Liberty Defense Holdings Ltd.

Liberty Defense provides multitechnology security solutions for concealed weapons detection in high-volume-foot-traffic areas and locations requiring enhanced security such as airports, stadiums, schools and more. Liberty's Hexwave product, for which the company has secured an exclusive licence from Massachusetts Institute of Technology (MIT) as well as a technology transfer agreement for patents related to active 3-D radar imaging technology, provides discreet, modular and scalable protection to provide layered, standoff detection capability of metallic and non-metallic weapons. Liberty has also recently licensed the millimetre-wave-based, high-definition advanced imaging technology (HD-AIT) body scanner and shoe scanner technologies as part of its technology portfolio. Liberty is committed to protecting communities and preserving peace of mind through superior security detection solutions.