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Plurilock Announces Payment of Debenture Interest

MWN-AI** Summary

Plurilock Security Inc. announced on December 31, 2025, that it has successfully made interest payments on its outstanding 10% unsecured convertible debentures. These payments, totaling $63,750, have been fulfilled through the issuance of 312,188 common shares at a price of $0.2042 each, as outlined in their indentures with Computershare Trust Company of Canada and Odyssey Trust Company. The debentures in question include the September Debentures in the principal amount of $275,000, issued on September 20, 2022, and the November Debentures, which were issued for $3,000,000 on October 30, 2025.

Plurilock Security is a cybersecurity systems integrator known for delivering advanced solutions in high-stakes environments, including governmental agencies and global enterprises. The firm specializes in providing operational resilience through innovative AI-driven cybersecurity strategies, thereby safeguarding critical infrastructure. Trusted by institutions such as Five-Eyes countries and NATO-aligned organizations, Plurilock highlights its commitment to tackling complex cyber challenges where failures can have significant consequences.

With an established reputation, Plurilock continues to position itself as a leader in the cybersecurity landscape, leveraging proprietary intellectual property and AI capabilities to address contemporary threats. The announcement of the interest payment further indicates the company's proactive approach in managing its financial obligations while reinforcing investor confidence.

For more information about Plurilock and its services, visit the company’s website or contact their executive team directly. The stock [TSXV: PLUR] and [OTCQB: PLCKF] are of interest to investors keeping an eye on the burgeoning field of cybersecurity, especially amid increasing global emphasis on security and technology resilience.

MWN-AI** Analysis

Plurilock Security Inc.'s recent announcement regarding the payment of interest on its unsecured convertible debentures is a notable development for investors and potential stakeholders. The issuance of 312,188 common shares to satisfy a $63,750 interest obligation reflects the company's ongoing commitment to managing its debt effectively, especially in a high-stakes cybersecurity landscape.

From a market perspective, this strategic move can be considered a double-edged sword. On one hand, issuing shares to cover interest obligations dilutes existing shareholders’ equity, which might lead to short-term pressure on the stock price. Investors typically react sensitively to dilution news, worried about the potential long-term impact on earnings per share and overall company valuation.

However, it's important to contextualize this within Plurilock's operational framework. The company is positioned as a key player in the rapidly growing cybersecurity sector, which benefits from increasing investments in threat prevention across various industries. Its established relationships with significant governmental and enterprise clients indicate a strong underlying demand for its services. Thus, while share dilution might raise immediate concerns, the growth potential in Plurilock’s market could outweigh these effects in the long run.

Investors should monitor Plurilock's performance closely, particularly its ability to convert this debt into growth opportunities. Successfully leveraging its capital for research, development, and expanding its service offerings could enhance its competitive position and ultimately drive revenue growth.

In conclusion, short-term volatility is likely as the market digests this news, but long-term investors might find opportunities in Plurilock's growth story, especially as the cybersecurity landscape continues to evolve and expand. As always, a diversified investment approach is advisable, especially in emerging sectors like cybersecurity.

**MWN-AI Summary and Analysis is based on asking OpenAI to summarize and analyze this news release.

Source: Newsfile

Vancouver, British Columbia--(Newsfile Corp. - December 31, 2025) - Plurilock Security Inc. (TSXV: PLUR) (OTCQB: PLCKF) ("Plurilock" or the "Company"), a global cybersecurity systems integrator, is pleased to announce that, pursuant to the indenture between the Company and Computershare Trust Company of Canada dated August 15, 2022, as amended, governing the 10% unsecured convertible debentures in the principal amount of $275,000 previously issued on September 20, 2022 (the "September Debentures"), and the indenture between the Company and Odyssey Trust Company dated October 30, 2025 governing the 10% unsecured convertible debentures in the principal amount of $3,000,000 previously issued on October 30, 2025 (the "November Debentures" and with the September Debentures, the "Debentures"), the Company issued 312,188 common shares of the Company (the "Shares") at a price of $0.2042 per Share in satisfaction of an aggregate of $63,750 in interest payments on the outstanding Debentures.

About Plurilock

Plurilock is a services-led, product-enabled, AI-native cybersecurity company that solves complex cyber problems in high-stakes environments where failure isn't an option. Trusted by Five-Eyes governments, NATO-aligned agencies, and Global 2000 enterprises, we defend critical infrastructure and safeguard the systems that power modern life. Our Critical Services division delivers operational resilience through unmatched expertise, proprietary IP, and AI-driven playbooks.

For more information, visit https://www.plurilock.com or contact:

Ian L. Paterson
Chief Executive Officer
ian@plurilock.com
416.800.1566

Ali Hakimzadeh
Executive Chairman
ali@sequoiapartners.ca
604.306.5720

Sean Peasgood
Investor Relations
sean@sophiccapital.com
647.953.5607

Neither the TSX Venture Exchange nor its Regulation Service Provider (as that term is defined in the TSX Venture Exchange policies) accept responsibility for the adequacy or accuracy of this release.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/279323

FAQ**

How is Plurilock Security Inc. (PLUR:CC) leveraging AI to enhance its cybersecurity offerings in the competitive market of Vancouver, British Columbia?

Plurilock Security Inc. (PLUR:CC) leverages AI by integrating machine learning algorithms to predict, detect, and respond to cyber threats in real-time, thereby improving the efficiency and effectiveness of its cybersecurity solutions in Vancouver's competitive market.

What impact do the recent interest payments satisfied by common shares have on Plurilock Security Inc.'s (PLUR:CC) financial stability and investor confidence in Vancouver?

The recent interest payments satisfied by common shares may enhance Plurilock Security Inc.'s financial stability by alleviating immediate cash flow pressures, potentially boosting investor confidence in Vancouver as it signals an adaptive approach to managing obligations.

In what ways does Plurilock Security Inc. (PLUR:CC) plan to scale its operations in Vancouver and beyond, considering its partnerships with global entities?

Plurilock Security Inc. plans to scale operations in Vancouver and beyond by leveraging strategic partnerships with global entities to enhance its cybersecurity solutions, expand market reach, and drive innovative product development.

How is Plurilock Security Inc. (PLUR:CC) addressing the cybersecurity challenges faced by organizations in Vancouver's tech landscape amidst increasing digital threats?

Plurilock Security Inc. (PLUR:CC) is tackling cybersecurity challenges in Vancouver's tech landscape by offering advanced machine learning-driven solutions that enhance user authentication and mitigate threats, ensuring robust security against the rising tide of digital attacks.

**MWN-AI FAQ is based on asking OpenAI questions about Plurilock Security Inc. (TSXVC: PLUR:CC).

Plurilock Security Inc.

NASDAQ: PLUR:CC

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