TSXV:SCAN Frankfurt:LD2 - INNOVATIVE & REVOLUTIONARY THREAT DETECTION - Liberty Defense
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TSXV:SCAN
Frankfurt:LD2
OTC:LDDFF
INNOVATIVE & REVOLUTIONARY THREAT DETECTION
SEPTEMBER 2019
FORWARD LOOKING STATEMENTS
CONFIDENTIAL INFORMATION PRESENTATION The forward-looking statements speak only as of the date on which they are made, and, except as required
The information contained in this presentation has been prepared by Liberty Defense Holdings Inc.1 (the by applicable law, we undertake no obligation to update any forward-looking statement to reflect events or
“Company”) and contains confidential information pertaining to the business and operations of the Company. circumstances after the date on which the statement is made or to reflect the occurrence of unanticipated
The information contained in this presentation is confidential and proprietary to the Company. It has been events. In addition, we cannot assess the impact of each factor on our business or the extent to which any
prepared for information purposes with the express understanding that, without the prior written consent of the factor, or combination of factors may cause actual results to differ materially from those contained in any
Company, no person will release this presentation or any other document provided herewith, discuss the forward-looking statements.
information herein or make reproductions of the documents. The information contained in this presentation (a)
is provided as at the date hereof and is subject to change without notice, (b) does not purport to contain all of This presentation includes certain statements and estimates provided by the Company with respect to the
the information that may be necessary or desirable to fully and accurately evaluate an investment in the anticipated future performance on the Company. Such statements and estimates reflect various assumptions
Company, and (c) is not to be considered as a recommendation by the Company that any person make an by the Company concerning anticipated results, which assumptions may or may not provide to be correct. No
investment in the Company. An investment in the securities described herein is speculative and involves a representations are made as to the accuracy of such statements and estimates, as well as the exercise of a
number of risks that should be considered by a prospective investor. substantial degree of judgment by management as to the scope and presentation of such information. Such
statements and estimates are based on a number of assumptions, and subject to a number of risks and other
This presentation is confidential and is being provided to you solely for your information and may not be factors, including those that are not in the control of management and which may not prove to be true. Actual
reproduced, in whole or in part, in any form or forwarded or further distributed to any other person. Any results achieved during projection periods may differ substantially from those projected. Historical statements
forwarding, distribution or reproduction of this presentation in whole or in part is unauthorized. By accepting and contained in this document regarding past trends or activities should not be taken as a representation that
reviewing this presentation, you acknowledge and agree (i) to maintain the confidentiality of this presentation, such trends or activities will continue in the future.
the information contained herein and all other information received in connection with your evaluation of a
potential investment in the Company, (ii) to protect such information in the same manner you protect your own Certain of the information contained in this presentation concerning industry trends and performance is based
confidential information, which shall be at least a reasonable standard of care, and (iii) to not utilize any of the upon or derived from information provided by third-party consultants, variously publicly available sources,
information contained herein or otherwise received except to assist your evaluation of a potential investment in other industry sources and our research. Although the Company believes it to be reliable, the Company has
the Company. You will be liable for any damages caused by or resulting from any unauthorized disclosure or not independently verified any of the data from third-party sources referred to in this presentation, or analyzed
use of the information contained herein. or verified the underlying reports relied upon or referred to by such sources, or ascertained the underlying
assumptions relied upon by such sources. The Company does not make any representation as to the
FORWARD LOOKING AND THIRD PARTY INFORMATION accuracy of such information.
This presentation includes estimates, projections, and other forward-looking statements, within the meaning of
applicable Canadian Securities Laws or United States securities legislation. All estimates, projections, and Statements containing forward-looking information are made as of the date of this presentation.
other forward-looking statements have been prepared by us on assumptions we consider reasonable, but these
estimates, projections, and statements involve a high degree of risk and may not prove accurate. No CAUTIONARY NOTE REGARDING UNITED STATES SECURITIES LAWS
representation is made as to the accuracy of such estimates, statements, or projections or their attainability, This presentation does not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be
and nothing in this presentation shall be relied upon as a promise or representation as to our future any sale of the securities of the Company, in any jurisdiction in which such offer, solicitation or sale would be
performance. unlawful prior to registration or qualification under the securities laws of such jurisdiction. The securities of the
Company have not been and will not be registered under the United States Securities Act of 1933, as
Statements that are not historical facts or that describe our plans, beliefs, goals, intentions, objectives, amended (the “U.S. Securities Act”), or any state securities laws and may not be offered or sold within the
projections, expectations, assumptions, strategies, or future events are forward-looking statements. In addition, United States or to, or for the account or benefit of, “U.S. persons”, as such term is defined in Regulation S
terms such as “will”, “believe”, “anticipate”, “estimate”, “plan”, “projects”, “continuing”, “ongoing”, “expect”, under the U.S. Securities Act, unless an exemption from such registration is available.
“intend”, “potential”, and similar expressions and discussions of our strategy or other intentions identify forward-
looking statements. These statements involve estimates, assumptions and uncertainties that could cause
actual results to differ materially from those expressed for the reasons described in this presentation. You
should not place undue reliance on these forward-looking statements.
Protecting communities
and preserving peace of mind through
superior security detection solutions
3
INVESTMENT THESIS
The urban security market needs to efficiently secure high-
traffic areas by detecting concealed threat items in real-time
MASS SHOOTINGS
IN THE USA1 371 477 427 426 361 OVER 2,000
2015 2016 2017 2018 2019
SINCE 2015
Utilizing a new disruptive technology under an exclusive global license from
Massachusetts Institute of Technology (MIT), Liberty Defense is developing
HEXWAVE
The weapons detection systems market is expected to grow from2:
USD USD
2020 2025 CAGR* 7.2%
¹https://massshootingtracker.org
²Obtained from Homeland Security Research Corp. for Liberty’s four target verticals *Compound annual growth rate (CAGR) 4
POSITIONED TO BRING NEW CRITICAL CAPABILITY
TO THE URBAN SECURITY MARKET
Provide the most effective leading-edge sensor capability for stand-off layered threat detection
VISION with the flexibility to be deployed as a stand-alone system or integrated into a full security solution
Market Defined Compelling Technical Solution Engineering Infrastructure Established
4 Vertical Markets HEXWAVE R&D lab, equipment, tech capability, tech partners
(CRADA with MIT)
Deep Market Reach Market Validation Business and Engineering Plan
Through Advisors, Board & Through Collaboration Agreements Prototype, Alpha and Beta Testing through to
Management Team Production, Patent License filed globally
Active 3D Radar Imaging with AI and Neural Networks
Metallic & non-metallic Indoor & outdoor Patented real-time scanning
Covert and overt Smart functionality Routine software & AI updates
No privacy concerns Operationally agile High throughput
SUCCESS Acquired technology, completed tech transfer, validated market need and tangible milestones
for development, certification and product launch.
5
Requires the ability to efficiently secure high-traffic
areas by detecting concealed threat items in
real-time with a positive customer experience
6
URBAN SECURITY MARKET – THE FOUR VERTICALS
SECURITY CHALLENGES
SPORTS & CONTROLLED OFFICES &
SHOPPING
SECURED BUILDINGS
ENTERTAINMENT PEDESTRIAN CORPORATE
VENUES MALLS
LOCATIONS CAMPUSES Have no means to counter threats beyond entry point solutions. Current
SOFT TARGETS
PUBLIC VENUES
entry point solutions do not work
Threat in urban security has evolved and trending towards mass attacks
(shootings and bombings)
Need for layered, stand-off detection that enables security to respond before
an attack occurs
High throughput balanced with a positive customer experience
Enable designation and segregation of threats, both indoor and outdoors
Need to connect to existing security infrastructure and deliver real-time
SCHOOLS,
threat info to security personnel and devices
PUBLIC
HOSPITALS &
AIRPORTS TRANSPORT HOTELS
PLACES OF
TRANSPORTATION
SYSTEMS
WORSHIP
of Americans are concerned about a criminal IN A
OTHER
83% attack causing physical harm RECENT
of Americans have considered canceling plans
STUDY1
22% to attend large-scale public events due to
concerns about physical attacks
7
¹according to https://www.nasdaq.com/press-release/more-than-one-in-five-americans-have-cancelled-or-considered-cancelling-plans-to-attend-largescale-20190612-00166
URBAN SECURITY Growth of
Weapons Detection
VERTICAL MARKETS
to Systems Markets
by 2020 to 2025 from
IN NORTH AMERICA
USD
PUBLIC SECURED LAND OTHER 2020
VENUES PERIMETERS TRANSPORTATION (SCHOOLS, HOTELS)
$283M $820M $174M $201M
to to to to
$428M $1.03B $257M $228M USD
CAGR to 8.8% CAGR to 4.7% CAGR to 8.2% CAGR to 2.7% 2025
CAGR 7.2%
8
MARKET VALIDATION
Liberty Defense’s agreements include beta testing with:
ROGERS ARENA FC BAYERN MÜNCHEN
Home of the Vancouver Canucks and one of the city’s main large- A German sports club, best known for its professional team, the most
scale entertainment venues successful in German football history. Allianz Arena is the second
largest arena in Germany
SLEIMAN ENTERPRISES
One of Florida’s largest privately held real estate companies;
develops and manages shopping centers, malls, hotels in Florida & VIRGINIA DIVISION OF CAPITOL POLICE (VDCP)
Southeast Georgia
The USA’s oldest police force responsible for the security of
Virginia’s seat of government & protects the Virginia Capitol complex,
including screening ~ a half-million visitors each year
OFFICE OF THE UTAH ATTORNEY GENERAL
Utah Attorney General is Sean Reyes is an independently elected
constitutional officer of the executive department and serves four-
year terms
BOCHASANWASI AKSHAR PURUSHOTTAM
SWAMINARAYAN SANSTHA
MARYLAND STADIUM AUTHORITY
A Hindu religious and social organization within the Swaminarayan
Established by the Maryland legislature in 1986 with the mission to branch of Hinduism with over 33,000 temples around the world
build, manage, and maintain quality facilities to keep professional
baseball in the city of Baltimore
9
10
EXPLAINED
HEXWAVE is Liberty’s proprietary threat detection and identification product that consists
of four major subsystems:
Antenna 3D Radar Smart
AI and Deep
Array and Image Functionality
Learning
Transceiver Generation
Converts captured data Interprets the data and Provides connectivity to
Captures real-time data
into 3D radar images 3D radar images existing security systems
No personal identifiable information is collected or viewed
by security teams or other operations personnel, which helps
protects the privacy and modesty of individuals
11: OPERATIONAL AGILITY
Object & Anomaly Detection High Throughput
Metallic & non-metallic threats Allows for >1,000 people per hour
Non-Threats Integration
Identifies common objects and does not alarm Integrated with access control and surveillance
infrastructures
Real-Time
Walk at normal pace with less divestment
Standardizing IP connectivity for physical security
Artificial Intelligence
Deep neural networks and anomaly detection Analytics
Aggregates data for reporting
Privacy Protection
No personally identifiable information gathered Modular
or used Stand-alone panels allow for different
configurations
Versatile & Robust
Indoor and outdoor use, weather and dust Environmental Immunity
protection Unaffected by temperature, proximity to metal,
room setup, etc.
Flexible / Installation
Overt, covert, remote, mobile, fixed Network Security
Secure protocols used to protect resources and
data
12CURRENT COMPETITIVE ENVIRONMENT
CURRENT ALTERNATIVES KEY DISCRIMINATORS
• Principal focus on metallic threats, other Detect Metallic & Indoor & Outdoor Protect privacy;
threats potentially go undetected Non-Metallic coverage out to no personal data
threat objects perimeters, is collected or
• Airport solutions not able to be used across including covert analyzed
other all four verticals locations
• Limited outdoor capability that impacts Smart functionality Accurately detect threats in
providing layered defense for proactive provides connectivity to real-time using Artificial
threat intervention existing security systems Intelligence and Deep
(VMS, door locks, network) Learning
• Other alternatives require large space or
dedicated areas versus integration into
existing infrastructure Routine OTA Operationally Potential for high
Software & AI Agile Form Factor throughput
• Limited capability for integration into updates across – compact footprint, (>1,000 /hour) with
existing security systems command & control HEXWAVE fleet for mobile, deployable precise secondary
consistent threat or across detection screening for threat,
non-threat knowledge space non-threat
Venue-wide aggregated Covert / remote operation
analytics allowing for unmanned CONOPS
13With our Centre of Excellence based in Atlanta, Georgia
and our Corporate Offices in Vancouver we are driven
to bring this new, disruptive technology to market at pace!
14MANAGEMENT &
BOARD OF DIRECTORS
DEVELOPMENT TEAM
BILL RIKER DAMIAN TOWNS AMAN BHARDWAJ DAVID G. ALBERT BOB FALK
CEO CFO, Corp. Secretary COO & President of U.S. Operations VP, External Affairs VP, Sales & Business Development
35+ years in defense, aerospace & security 20+ years in accounting & finance. 10+ 20+ years building & leading global 25+ years in Public Affairs & 20+ years in detection & security
systems. Past Executive positions with years in senior executive & board roles teams for large multi-national & start up Government Relations at State and inspection industries, business
Smiths Detention, DRS Technologies, (CPA, CA) companies such as Panasonic, Federal levels development and sales internationally.
General Dynamics & US Department of Flextronics / Imerj, Educo and Hisense Previously Evolv Technology’s Director
Defense of Int. Sales.
JEREMY MORTON JOHN MCCOACH CORBY MARSHALL RON SOLANKI BART SMUDDE JORDAN ECK
Executive Chairman
Lead Independent Director Independent Director VP, Operations CTO VP, Implementation
Corporate Strategy Officer of Minimax
Past President of the TSXV (9 years). Board Head of Corporate Development for 30+ years in high-tech operations with 30+ years including Graco, 15+ years building and leading teams for
Viking. Previously President of Stanley
member of the Capital Markets Authority OpenText. Former CEO of Hilltop major multi-national global electronics Landis+Gyr, SignalONE Safety, sales, design and program management
Access Technologies. Held senior roles at
Implementation Organization Cybersecurity including Motorola, Panasonic, Panasonic & Dialog Systems of security, surveillance, and access
Stanley Local Security, CNL Software,
Flextronics and Hisense control systems
Ingersoll Rand, and Schneider Electric
Leaders in the security industry, product development, technology and manufacturing 15ADVISORS
The company has a number of senior business leaders that provide unparalleled market access, who include:
Managing Director of Vancouver-based Aquilini Investment Group, best Chairman of the Board of Directors for Reliq Health Care Technologies since
FRANCESCO BRIAN
known for its ownership of the Vancouver Canucks and Rogers Arena, 2016. Formerly a Member of Parliament and Town Councillor, he has
AQUILINI STORSETH
where Aquilini sits as Chairman and NHL Governor. experience working in municipal, provincial and federal politics.
Former member of Live Nation Canada’s executive team during a major
VICTOR Vice President of FIFA, the international governing body of association JOHN
football and President of Concacaf, the continental governing body for growth and transition period, including the Ticketmaster merger and joint
MONTAGLIANI MAY
association football in North and Central America. venture with Maple Leaf Sports and Entertainment.
Former President and CEO (2006-2017) and current Trustee and Owner and Principal of Sleiman Enterprises, Inc. With more than 40 years of
AL ANTHONY T.
Consultant, of The MITRE Corporation, an NPO that operates research and experience in the real estate development industry, Sleiman also volunteers
GRASSO SLEIMAN
development centers sponsored by the federal government with over $1.6 on the boards of Goodwill, the American Cancer Society and numerous other
billion in revenue and 8,200 employees. non-profits.
Part-owner of the NBA’s Atlanta Hawks and founder & CEO of Noble
CRAIG The top industrial professional in the LA North Market, Peters has been MIT
Investments, a real estate firm specializing in the acquisition of hotels and
PETERS
recognized on multiple occasions as the San Fernando Valley Broker of the SHAH
Year and the prestigious Colbert Coldwell Circle (top brokers nationally). resorts with over $3B in properties across North America. He’s a member of
the Industry Real Estate & Finance Advisory Council (IREFAC) of the
American Hotel & Lodging Association.
Founder and former President and CEO of Nevsun Resources Ltd., a $1.3B
CRAIG
ANGUS
company, and founder and Chairman of Sunridge Gold Corporation. Angus UNPARALLELED MARKET ACCESS
brings over 15 years of expertise to the team with a vast knowledge of
fundraising.
ACROSS MARKET VERTICALS
16LIBERTY DEFENSE SUCCESS – COMPLETED
KEY
CoA Collaboration Agreement
COE Center of Excellence
CAD $6.3M Executive CRADA Cooperative Research & Development Agreement
gross unit Chairman MIT Massachusetts Institute of Technology
financing Closed RTO (Morton) MOU Memorandum of Understanding
RTO Reverse Takeover
Rogers Arena FCC experiential Utah Attorney FC Bayern
TTA Technology Transfer Agreement
MOU license General Office Munich CoA
MOU MSA Maryland Stadium Authority
Sleiman Featured on Antenna array NLSSA National Legislative Service and Security Association
Enterprises Inc. CBC, CTV Featured on Fox working at the
MOU News, and News & Wall COE DTC eligibility
CRADA with MIT Global BC Street Journal
VP of Completed VCDP CoA BAPS CoA
Announced
Implementation CFO (Towns) Trading on VP of Operations tech transfer to
RTO
(Eck) TSXV (Solanki) COE VP of Sales & MSA CoA
MIT technology Bus. Dev.
Board of
Independent demo Trading on New Advisor Testified before (Falk) MIT receives Tech
advisors formed
Directors Frankfurt Stock (Shah) the House of Trading on Transfer award
appointed Exchange Commons Amsource OTCQB
Patents and
Oversubscribed NVIDIA AI Capital Presented at
Trademarks
Featured in CA$7M Gross Rang opening program New Advisor preferred ONVIF NLSSA
filed for global
Forbes QT Financing bell at TSX acceptance (Sleiman) partner membership conference
market
> > > > > > > > > >
OCT NOV DEC MAR APR MAY JUN JUL AUG SEPT
2018 2019
PREVIOUS NOTABLES
Company incorporated (Apr ‘18); Appointed COO & US President Bhardwaj (Jun ‘18), CEO Riker (Aug ‘18) & CTO Smudde, & leased COE space (Sept ‘18); FCC Strategy launched for indoor/outdoor licenses (Jul ‘18); Secured exclusive
license from MIT (Sept ‘18); TTA (Sept ‘18)
Liberty has engaged with numerous senior level elected and appointed officials in the U.S. Federal and State Governments, including State Governors and Attorneys General as well as
being invited to present to the U.S. State Capitol Law Enforcement organization. 17LIBERTY DEFENSE SUCCESS – MOVING FORWARD
Ongoing FCC Certification Process FCC Certification
Alpha Testing Certification to distribute Production
HEXWAVE commercially (LRIP)
System integration and testing
subsystems at COE in Atlanta, Georgia US & Canada
Commercial Launch
Subsystem Prototype Commercial
Beta Testing
Demonstration distribution
Testing in a live environment at
selected sites provides valuable
Product
feedback on overall design and
Demonstration CONOPs
Prototype Testing
End-to-end
demonstrating of
Assess system integration in the subsystems
design of the subsystems
> > > > > > >
Q3 Q4 Q1 Q2 Q3 Q4
2019 2020
Continuing Catalysts – Ongoing Product Development & Market and Technology Validation through Collaboration Agreements
18LIBERTY DEFENSE BUSINESS MODEL
REVENUE STREAMS MARGINS MARKET
• Compelling TGM with • Initial focus US and Canada but
Product Breakeven after there is an international need
Hardware Sales (HEXWAVE)
Six Months • Will look to use channel
• Each unit is standalone and may be deployed individually or as a portal
• Volume and Technology partners where appropriate and
configuration (two units) or more
could further enhance direct sales
margins
Implementation
• HEXWAVE can be used as a standalone system or integrated into existing
security platforms
• Implementations will vary from basic implementation to more fully integrated
HEXWAVE JUSTIFICATION
implementations (Lead by our VP of Implementation)
Maintenance and AI Updates • Improved Customer Experience – Potential to capture
• A 5-year maintenance plan to include Software and AI updates (recurring annual additional revenues through either increase throughput or in-
revenue stream, based on hardware sales) venue sales (VIP Entrances)
• But More Importantly – Requirement to safeguard clients,
customers, employees, students
Liberty has engaged Amsource Capital Ltd. as a preferred financing partner to facilitate large and small ticket leasing and financing for purchasers of HEXWAVE.
19CAPITALIZATION STRUCTURE
Common Shares Outstanding (August 30) 66.5m
Dilutive Securities (Potential Proceeds – US$20M)
Warrants - Shares 19.7m
Warrants - Units 0.8m
Options 4.7m
Fully Diluted Shares Outstanding 92.6m
Estimated Share Float 22m
Management / Founders / Insiders Ownership 37%
Share Price (September 9) CA$0.62
LAST FINANCING MARCH 2019
CA$41.3m
PRICE (CA$) 0.80 Market Capital
US$30.6m
TYPE UNIT OFFERING Cash On Hand (June 30) US$3.9m
NET PROCEEDS (US$) 4,400,000 Deemed Enterprise Value US$26.7m
20LIBERTY DEFENSE ON THE TSXV & IN THE NEWS
TSXV SCAN
Frankfurt LD2
OTCQB LDDFF
DTC eligible
ANALYST COVERAGE
Coverage initiated – Nick Agostino, Laurentian Bank – Sept 10, 2019
• Target price: $1.40
BROADCAST COVERAGE
All media coverage is available on LibertyDefense.com – Over 45 news releases and 225 earned media coverage since inception – the interest is there!
21LIBERTY DEFENSE – WHY INVEST?
There is an
established Threat detection requirements in the urban
need security market are growing substantially
HEXWAVE ticks all the boxes for threat detection
Compelling value
A much-needed new, Detects more than just Smart functionality proposition of new
disruptive technology guns
capability aligned
Covert and/or overt
Modular and scalable Metallic & non-metallic with an expanding
Real-time information No privacy concerns Indoor and/or outdoor market for high-
potential profitable
Market & need Global across four verticals, Liberty validated need through growth
multiple collaboration agreements
Established Relevant engineering skills, established COE with technology
expertise licensed, and market reach
Clear pathway Established goals with tangible, measurable milestones
22RIGHTS OF RESCISSION
STATUTORY RIGHTS OF ACTION: In certain circumstances, purchasers resident in Saskatchewan and New Brunswick) after the date of the transaction that gave rise
certain provinces of Canada are provided with a remedy for rescission or damages, or to the cause of action; (d) with respect to purchasers resident in Nova Scotia, no
both, in addition to any other rights they may have at law, where an offering action shall be commenced to enforce a right of action for rescission or damages
memorandum (such as this presentation) and any amendment to it contains a after 120 days from the date on which payment for the securities was made by you;
misrepresentation. Where used herein, “misrepresentation” means an untrue statement (e) the Company will not be liable if it proves that you purchased the securities with
of a material fact or an omission to state a material fact that is required to be stated or knowledge of the misrepresentation; (f) in the case of an action for damages, the
that is necessary to make any statement not misleading in light of the circumstances in Company will not be liable for all or any portion of the damages that it proves do not
which it was made. These remedies, or notice with respect to these remedies, must be represent the depreciation in value of the securities as a result of the
exercised or delivered, as the case may be, by the purchaser within the time limits misrepresentations; and (g) in no case will the amount recoverable in such action
prescribed by applicable securities legislation. exceed the price at which the securities were sold to you. The foregoing is a
summary only and is subject to the express provisions of the Securities Act
The following summary is subject to the express provisions of the applicable securities (Ontario), the Securities Act (New Brunswick), the Securities Act (Nova Scotia) and
laws, regulations and rules, and reference is made thereto for the complete text of such the Securities Act (Saskatchewan), and the rules, regulations and other instruments
provisions. Such provisions may contain limitations and statutory defenses not thereunder, and reference is made to the
described here on which the Company and other applicable parties may rely. complete text of such provisions contained therein. Such provisions may contain
Purchasers should refer to the applicable provisions of the securities legislation of their limitations and statutory defenses on which the Company may rely.
province for the particulars of these rights or consult with a legal adviser.
Notwithstanding that the Securities Act (British Columbia), the Securities Act
The following is a summary of rights of rescission or damages, or both, available to (Alberta), and the Securities Act (Québec) do not provide, or require the Company
purchasers resident in the province of Ontario, New Brunswick, Nova Scotia and to provide, to purchasers resident in these jurisdictions any rights of action in
Saskatchewan. If there is a misrepresentation herein and you are a purchaser under circumstances where this presentation or an amendment hereto contains a
securities legislation in Ontario, New Brunswick, Nova Scotia and Saskatchewan you misrepresentation, the Company hereby grants to such purchasers contractual
have, without regard to whether you relied upon the misrepresentation, a statutory right rights of action that are equivalent to the statutory rights of action set forth above
of action for damages, or while still the owner of the securities, for rescission against the with respect to purchasers resident in Ontario.
Company. This statutory right of action is subject to the following: (a) if you elect to In Manitoba, the Securities Act (Manitoba), in Newfoundland and Labrador the
exercise the right of action for rescission, you will have no right of action for damages Securities Act (Newfoundland and Labrador) and in Prince Edward Island the
against the Company; (b) except with respect to purchasers resident in Nova Scotia, no Securities Act (PEI) provide a statutory right of action for damages or rescission to
action shall be commenced to enforce a right of action for rescission after 180 days from purchasers resident in Manitoba, Newfoundland and PEI, respectively, in
the date of the transaction that gave rise to the cause of action; (c) no action shall be circumstances where this presentation or an amendment hereto contains a
commenced to enforce a right of action for damages after the earlier of (i) 180 days misrepresentation, which rights are similar, but not identical, to the rights available
(with respect to purchasers resident in Ontario) or one year (with respect to purchasers to Ontario purchasers.
resident in Saskatchewan and New Brunswick) after you first had knowledge of the facts
giving rise to the cause of action and (ii) three years (with respect to purchasers resident
in Ontario) or six years (with respect to purchasers resident inINNOVATIVE & REVOLUTIONARY THREAT DETECTION
For further information, contact:
Adam Ross
Telephone: 604-336.9820 x1
Toll-Free: 1-833-923-3334
Email: info@libertydefense.com
Visit our website: LibertyDefense.com
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