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Scope Technologies Announces $1.5 Million Private Placement Financing and Acceleration of QSE Mobile App Development

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Scope Technologies (SCPCF) has announced a non-brokered private placement financing of 3,000,000 common shares at $0.50 per share, raising gross proceeds of $1.5 million. First Majestic Silver Corp., both a strategic investor and enterprise client, is contributing $1 million to the offering.

The proceeds will be allocated to repay a $1 million loan from First Majestic Silver Corp., with the remaining funds directed towards accelerating the development of their QSE mobile application. This app will function as a secure communication and file sharing platform, leveraging QSE's proprietary Entropy-as-a-Service technology for quantum-resistant encryption.

The shares issued will be subject to a four-month hold period, with no finder's fees intended. The mobile app will integrate with the QSE core system, offering enterprise-grade quantum resilience through a decentralized infrastructure for both businesses and individual users.

Scope Technologies (SCPCF) ha annunciato un finanziamento di collocamento privato non mediato di 3.000.000 azioni ordinarie a $0,50 per azione, raccogliendo proventi lordi di $1,5 milioni. First Majestic Silver Corp., sia un investitore strategico che un cliente aziendale, sta contribuendo con $1 milione all'offerta.

I proventi saranno destinati a rimborsare un prestito di $1 milione da First Majestic Silver Corp., con i fondi rimanenti diretti verso l'accelerazione dello sviluppo della loro app mobile QSE. Questa app fungerà da piattaforma sicura per la comunicazione e la condivisione di file, sfruttando la tecnologia proprietaria Entropy-as-a-Service di QSE per la crittografia resistente al quantum.

Le azioni emesse saranno soggette a un periodo di blocco di quattro mesi, senza commissioni per i mediatori. L'app mobile si integrerà con il sistema centrale di QSE, offrendo resilienza quantistica di livello aziendale attraverso un'infrastruttura decentralizzata sia per le imprese che per gli utenti individuali.

Scope Technologies (SCPCF) ha anunciado un financiamiento de colocación privada no mediada de 3,000,000 acciones comunes a $0.50 por acción, recaudando ingresos brutos de $1.5 millones. First Majestic Silver Corp., tanto un inversionista estratégico como un cliente empresarial, está contribuyendo con $1 millón a la oferta.

Los ingresos se destinarán a pagar un préstamo de $1 millón de First Majestic Silver Corp., y los fondos restantes se dirigirán a acelerar el desarrollo de su aplicación móvil QSE. Esta app funcionará como una plataforma segura de comunicación y compartición de archivos, aprovechando la tecnología propietaria Entropy-as-a-Service de QSE para la encriptación resistente a la computación cuántica.

Las acciones emitidas estarán sujetas a un período de retención de cuatro meses, sin comisiones para intermediarios. La aplicación móvil se integrará con el sistema central de QSE, ofreciendo resistencia cuántica de nivel empresarial a través de una infraestructura descentralizada tanto para empresas como para usuarios individuales.

Scope Technologies (SCPCF)는 주당 $0.50로 3,000,000주를 비중개 사모 방식으로 발행하는 자금을 모집한다고 발표했습니다. 총 수익은 $1.5 백만입니다. 전략적 투자자이자 기업 고객인 First Majestic Silver Corp.는 이 제안에 $1 백만을 기여하고 있습니다.

모금된 자금은 First Majestic Silver Corp.로부터의 $1 백만 대출 상환에 사용되며, 나머지 자금은 QSE 모바일 애플리케이션 개발 가속화에 사용될 것입니다. 이 앱은 안전한 통신 및 파일 공유 플랫폼으로 기능하며, QSE의 독점 기술인 Entropy-as-a-Service를 활용하여 양자 저항 암호화를 제공합니다.

발행된 주식은 4개월의 보유 기간에 적용되며, 중개인 수수료는 없습니다. 모바일 앱은 QSE 핵심 시스템과 통합되어 기업과 개인 사용자 모두를 위한 분산 인프라를 통해 기업 수준의 양자 저항성을 제공합니다.

Scope Technologies (SCPCF) a annoncé un financement par placement privé non médié de 3 000 000 d'actions ordinaires à 0,50 $ par action, levant des produits bruts de 1,5 million $. First Majestic Silver Corp., à la fois investisseur stratégique et client entreprise, contribue à l'offre avec 1 million $.

Les produits seront alloués au remboursement d'un prêt de 1 million $ de First Majestic Silver Corp., les fonds restants étant destinés à accélérer le développement de leur application mobile QSE. Cette application fonctionnera comme une plateforme de communication sécurisée et de partage de fichiers, tirant parti de la technologie propriétaire Entropy-as-a-Service de QSE pour un chiffrement résistant aux quantiques.

Les actions émises seront soumises à une période de blocage de quatre mois, sans frais de courtage prévus. L'application mobile s'intégrera au système central de QSE, offrant une résilience quantique de niveau entreprise grâce à une infrastructure décentralisée tant pour les entreprises que pour les utilisateurs individuels.

Scope Technologies (SCPCF) hat eine nicht vermittelte Privatplatzierungsfinanzierung von 3.000.000 Stammaktien zu je $0,50 pro Aktie angekündigt, die einen Bruttoerlös von $1,5 Millionen erzielen wird. First Majestic Silver Corp., sowohl ein strategischer Investor als auch ein Unternehmensklient, trägt $1 Million zu dem Angebot bei.

Die Erlöse werden verwendet, um ein Darlehen von $1 Million von First Majestic Silver Corp. zurückzuzahlen, während die verbleibenden Mittel zur Beschleunigung der Entwicklung ihrer QSE Mobile App verwendet werden. Diese App wird als sichere Kommunikations- und Dateiübertragungsplattform fungieren und die proprietäre Entropy-as-a-Service-Technologie von QSE für quantenresistente Verschlüsselung nutzen.

Die ausgegebenen Aktien unterliegen einer viermonatigen Haltefrist, ohne Vermittlungsgebühren. Die mobile App wird mit dem Kernsystem von QSE integriert, um unternehmensgerechte Quantenresilienz durch eine dezentrale Infrastruktur sowohl für Unternehmen als auch für Einzelbenutzer zu bieten.

Positive
  • Secured $1.5 million in private placement financing
  • Strategic investment of $1 million from existing enterprise client First Majestic Silver Corp.
  • Development acceleration of quantum-resistant secure communication platform
Negative
  • Share dilution through issuance of 3 million new common shares
  • $1 million of proceeds allocated to loan repayment rather than development

VANCOUVER, BC, March 24, 2025 /PRNewswire/ -- Scope Technologies Corp. (CSE: SCPE) (OTCQB: SCPCF) (FSE: VN8) ("Scope Technologies" or the "Company") announces a non-brokered private placement financing of 3,000,000 common shares (the "Shares") at a price of $0.50 per Share for gross proceeds of $1,500,000 (the "Offering").

Scope_Technologies_Corp_Logo

The Company is pleased to confirm that $1 million of the Offering is being invested by First Majestic Silver Corp., a strategic investor and enterprise client of Scope Technologies.

The Shares issued under the Offering will be subject to a four-month hold period. The Company does not intend to pay any finder's fees under the Offering.

Proceeds of the Offering will be used to repay a $1 million loan previously received from First Majestic Silver Corp., with the remaining funds dedicated to accelerating the development of Scope's QSE mobile application. The app will serve as a secure communication and file sharing platform powered by QSE's proprietary Entropy-as-a-Service technology. It enables true round-trip encryption that is fully quantum-resistant—designed to protect data not only today but well into the post-quantum future.

Fully integrated with the QSE core system, the mobile app will round out the Company's full-stack security offerings, providing users with a seamless way to send messages and share sensitive files through a secure, decentralized infrastructure. With this app, Scope aims to make enterprise-grade quantum resilience accessible to businesses and individual users alike.

For more information on how QSE's quantum security solutions can protect your data, visit www.qse.group or contact sales@qse.group.

About Scope Technologies Corp

Headquartered in Vancouver, British Columbia, Scope Technologies Corp is a pioneering technology company specializing in quantum security and machine learning. Through its flagship brands, QSE Group and GEM AI, Scope provides next-generation solutions in data security, quantum encryption, and neural networks, empowering businesses with secure, scalable technologies that drive growth and operational efficiency.

LinkedIn: scope-technologies-corp
Facebook: Scope Technologies Corp
Twitter:  @ScopeTechCorp

Contact Information:

James Young
CEO, Scope Technologies Corp.
Email: james@scopetech.ai 
Phone: +1 604-416-1720
Website: www.scopetechnologies.io

Cautionary Note Regarding Forward-Looking Statements

This news release contains forward-looking statements that constitute forward-looking information (collectively, "forward-looking statements") within the meaning of applicable Canadian securities legislation. All statements in this news release that are not purely historical statements of fact are forward-looking statements and include statements regarding beliefs, plans, expectations, future, strategy, objectives, goals and targets, and more specifically, the use of proceeds of the Offering. Although the Company believes that such statements are reasonable and reflect expectations of future developments and other factors which management believes to be reasonable and relevant, the Company can give no assurance that such expectations will prove to be correct. Forward-looking statements are typically identified by words such as: "believes", "expects", "aim", "anticipates", "intends", "estimates", "plans", "may", "should", "would", "will", "potential", "scheduled" or variations of such words and phrases and similar expressions, which, by their nature, refer to future events or results that may, could, would, might or will occur or be taken or achieved. Forward-looking statements involve known and unknown risks and are based on assumptions and analyses made by the Company in light of its experience and its perception of historical trends, current conditions and expected future developments, including, but not limited to, those risks and assumptions described in the Company's latest management discussion and analysis, a copy of which is available under the Company's profile on SEDAR at www.sedar.com. While Scope considers these assumptions to be reasonable, based on information currently available, they may prove to be incorrect. Readers are cautioned not to place undue reliance on any forward-looking statements, which speak only as of the date of this press release. In addition, forward-looking statements necessarily involve known and unknown risks, including, without limitation, risks associated with general economic conditions, continued satisfaction of Canadian Securities Exchange requirements, product safety and recalls, regulatory compliance and risks associated with the Company's business. Forward-looking statements are made as of the date of this news release and, unless required by applicable law, the Company assumes no obligation to update the forward looking statements or to update the reasons why actual results could differ from those projected in these forward-looking statements. All forward-looking statements are qualified in their entirety by this cautionary statement.

The Canadian Securities Exchange has in no way passed upon the merits of the business of the Company and has neither approved nor disapproved the contents of this news release and accepts no responsibility for the adequacy or accuracy hereof.

Logo: https://mma.prnewswire.com/media/2521783/5230388/Scope_Technologies_Corp_Logo.jpg

Cision View original content:https://www.prnewswire.com/news-releases/scope-technologies-announces-1-5-million-private-placement-financing-and-acceleration-of-qse-mobile-app-development-302408986.html

SOURCE Scope Technologies Corp.

FAQ

How much did Scope Technologies (SCPCF) raise in their latest private placement?

Scope Technologies raised $1.5 million through a private placement of 3 million common shares at $0.50 per share.

What is the price per share for SCPCF's private placement offering?

The private placement offering price is $0.50 per share.

How will SCPCF use the proceeds from the $1.5M private placement?

The proceeds will repay a $1 million loan to First Majestic Silver Corp., with remaining funds used to accelerate QSE mobile app development.

What is the hold period for SCPCF's newly issued shares?

The shares issued under the offering are subject to a four-month hold period.

What technology will SCPCF's new QSE mobile app utilize?

The app will use proprietary Entropy-as-a-Service technology for quantum-resistant encryption and secure communication.
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