Liberty Announces Closing of Final Tranche of LIFE Private Placement Raising a Total of $2.6 million

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NOT FOR DISTRIBUTION TO U.S. NEWSWIRES OR DISSEMINATION IN THE UNITED STATES

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VANCOUVER, British Columbia and WILMINGTON, Mass., Jan. 15, 2026 (GLOBE NEWSWIRE) — Liberty Defense Holdings Ltd. (“Liberty” or the “Company”) (TSXV: SCAN, OTCQB: LDDFF, FRANKFURT: E30), a leading technology provider of AI-based next generation detection solutions for concealed weapons and threats, is pleased to announce that it has closed the second and final tranche of a non-brokered private placement of 3,943,207 units (the “Units”) of the Company at the price of C$0.22 per Unit for gross proceeds of approximately $867,505 (the “Offering”), and combined with the first tranche of the Offering brings the total gross proceeds raised to approximately $2.61 million.

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Each Unit will consist of one common share in the capital of the Company (a “Common Share”) and one Common Share purchase warrant (a “Warrant”). Each Warrant will entitle the holder thereof to purchase one Common Share of the Company (a “Warrant Share”) from March 17, 2026 until January 15, 2027 at the exercise price of C$0.30 per Warrant Share.

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“We are grateful for the continued support of our shareholders as we complete this $2.6 million financing,” said Bill Frain, CEO of Liberty Defense. “With both of our core technologies—HEXWAVE and High-Definition Advanced Imaging Technology (HD-AIT)—now fully developed, the Company is entering a pivotal growth phase. In 2026, we anticipate generating commercial sales from both technologies as global demand for advanced security solutions continues to rise.”

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The Company is also pleased to announce that management will participate in the AlphaNorth Capital Event, hosted by CEM Capital Event Management, taking place January 16-18, 2026, at the Grand Hyatt Baha Mar in Nassau, Bahamas.

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The Offering was completed pursuant to the listed issuer financing exemption under Part 5A of National Instrument 45-106 – Prospectus Exemptions, as amended by Coordinated Blanket Order 45-935 – Exemptions from Certain Conditions to the Listed Issuer Financing Exemption, accordingly, the securities issued in the Offering are not subject to a hold period in accordance with applicable Canadian securities laws. There is an offering document (the “Offering Document”) related to the Offering that can be accessed under the Company’s profile at www.sedarplus.ca and on the Company’s website at: www.libertydefense.com. Prospective investors should read this Offering Document before making an investment decision.

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In connection with this final tranche of the Offering, the Company paid to certain finders cash commission of C$49,945 and issued 227,024 non-transferrable warrants of the Company exercisable at any time until January 15, 2027 to acquire one Common Share at an exercise price of C$0.30, subject to adjustment in certain events.

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The Company plans to use the proceeds of this financing to further the production of HEXWAVE technology to support the increase in demand for the product and deliver units in backlog to customers.

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The securities issued pursuant to the Offering have not been and will not be registered under the United States Securities Act of 1933, as amended (the “U.S. Securities Act”), or any state securities laws. Accordingly, the securities issued pursuant to the Offering may not be offered or sold within the United States unless registered under the U.S. Securities Act and applicable state securities laws or pursuant to an exemption from the registration requirements of the U.S. Securities Act and applicable state securities laws. This news release does not constitute an offer to sell or a solicitation of any offer to buy any securities of the Company in any jurisdiction in which such offer, solicitation or sale would be unlawful.