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KWESST Closes over Subscribed Brokered Private Placement for Gross Proceeds of $4 42 Million

KWESST Closes over Subscribed Brokered Private Placement for Gross Proceeds of $4.42 Million KWESST also announces the closing of the Low Energy Cartridge technology acquisitionKWESST Micro Systems Inc. is pleased to announce the closing of its over subscribed previously announced brokered private placement for total gross proceeds of C$4,420,071.25 by the issuance of 3,536,057 units of the Company at a price of $1.25 per Unit. On April 6, 2021, the Company had announced a $2.5 million private placement … KWESST also announces the closing of the Low Energy Cartridge technology acquisition KWESST Micro Systems Inc. (TSXV: KWE) (OTCQB: KWEMF) (“KWESST” or “the Company”) is pleased to announce the closing of its over subscribed previously announced brokered private placement for total gross proceeds of C$4,420,071.25 (the “Offering”) by the issuance of 3,536,057 units of the Company (the “Units”) at a price of $1.25 per Unit. On April 6, 2021, the Company had announ

KWESST Micro Systems Inc : KWESST Closes over Subscribed Brokered Private Placement for Gross Proceeds of $4 42 Million

(1) KWESST also announces the closing of the Low Energy Cartridge technology acquisition Ottawa, Ontario (Newsfile Corp. - April 29, 2021) - KWESST Micro Systems Inc. (TSXV: KWE) (OTCQB: KWEMF) ( KWESST or the Company ) is pleased to announce the closing of its over subscribed previously announced brokered private placement for total gross proceeds of C$4,420,071.25 (the Offering ) by the issuance of 3,536,057 units of the Company (the Units ) at a price of $1.25 per Unit. On April 6, 2021, the Company had announced a $2.5 million private placement which got upsized to $4 million on April 9 due to significant demand for the Units. The Company is also pleased to announce the closing of its previously announced technology purchase agreement (the

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