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Critical Infrastructure Technologies Announces Financing, Debt Settlement and Equity Incentive Plan
Vancouver, BC — July 22, 2025 — NewsWall — Critical Infrastructure Technologies Ltd. (CSE: CTTT) (OTCQB: CITLF) (FRA: X9V) announced a non-brokered private placement financing of up to 10,000,000 units at C$0.05 per Unit, for gross proceeds up to C$500,000. Each unit includes one common share and one warrant, exercisable for 36 months at $0.10 per share. Proceeds will be used for working capital and compensation to Plutus.
The company will settle debt relating to management fees by issuing 10,000,000 units at $0.05 per unit. Each unit comprises one share and one warrant, exercisable for 36 months at $0.10 per share. The company has also authorized an amended and restated equity incentive plan. An aggregate of 7,450,000 incentive stock options and 8,000,000 restricted share units have been granted to certain eligible participants.
CiTech has entered a consulting agreement with Plutus Invest and Consulting GmbH for marketing and communications services over a twelve-month term. Plutus will provide consulting services to build investor awareness in Europe through its network. The company will pay Plutus a consulting fee of approximately €100,000.
Brenton Scott, Director & Chief Executive Officer Critical Infrastructure Technologies Ltd. 📧Brenton.s@citech.com.au 📞 +61 411 751 191
CiTech creates autonomous, rapidly deployable technology for essential services, targeting the mining, emergency services, and defense sectors. The Nexus 16 aims to provide critical mobile telecommunications.