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Liberty Defense Holdings Announces Warrant Repricing and New Marketing Initiative

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Liberty Defense Holdings Announces Warrant Repricing and New Marketing Initiative

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An update from Liberty Defense Holdings ( (TSE:SCAN) ) is now available.

Liberty Defense Holdings has announced a repricing of its outstanding warrants, reducing the exercise price from $2.00 to $1.51 per share, pending approval from the TSX Venture Exchange. Additionally, Liberty has engaged Senergy Communications Capital Inc. for a two-month initial marketing contract to enhance investor awareness, costing $100,000 plus GST. This strategic move aims to bolster the company’s market position by making its offerings more accessible and increasing its visibility among investors.

More about Liberty Defense Holdings

Liberty Defense Holdings Ltd. is a leading provider of multi-technology security solutions, specializing in the detection of concealed weapons in high-traffic areas such as airports, stadiums, and schools. The company offers advanced products, including the HEXWAVE system, which utilizes active 3D radar imaging and other licensed technologies to ensure superior security detection.

YTD Price Performance: 79.23%

Average Trading Volume: 22,564

Technical Sentiment Consensus Rating: Hold

Current Market Cap: $44.41M

Learn more about SCAN stock on TipRanks’ Stock Analysis page.

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