Plurilock Security Inc. (TSXV:PLUR) announced a non-brokered private placement of 3,125,000 units at an issue price of CAD 0.48 per unit for gross proceeds of approximately CAD 1,500,000 on February 18, 2021. Each unit consist of one common share share one half of one common share purchase warrant. Each warrant will entitle the holder to one common share at an exercise price of CAD 0.65 for a period of 24 months from the closing date. All securities to be issued pursuant to the transaction are subject to a hold period of four months. Completion of transaction is subject to the receipt of all necessary regulatory approvals, including the approval of the TSX Venture Exchange. The transaction is expected to close on or about February 25, 2021.