Liberty Files Amended and Restated Unaudited Condensed Interim Consolidated Financial Statements and MD&A

VANCOUVER, British Columbia and WILMINGTON, Mass., March 12, 2025 (GLOBE NEWSWIRE) — Liberty Protection Holdings Ltd. (“Liberty” or the “Firm”) (TSXV: SCAN, OTCQB: LDDFF, FRANKFURT: LD2A), a number one know-how supplier of AI-based subsequent era detection options for hid weapons and threats, pronounces that it has filed amended and restated unaudited condensed interim consolidated monetary statements and administration’s dialogue and evaluation (“MD&A”) for the three and 9 months ended September 30, 2024, and 2023 (the “Amended and Restated Financials”), which amends and restates the beforehand filed unaudited condensed interim consolidated monetary statements and MD&A for the three and 9 months ended September 30, 2024, and 2023.

The Amended and Restated Financials and MD&A have been filed as a result of following modifications:

• Correction of honest worth reallocation of 60,000 warrants exercised by $15,275 (Be aware 11);
• Correction of residual worth of warrants granted by $135,587 (Be aware 11);
• Correction of the calculation of honest worth of 61,341 restricted shares models exercised by $191,799 (Be aware 11);
• Correction of Battelle Patent minimal royalty cost for 2024; accrued for yr so far $150,000 added to Intangible property and $150,000 depreciated and included in price of products offered (Be aware 7);
• Correction of 465,033 particular warrants granted and transformed into 465,033 models (Be aware 11);
• Reclassification portion of the Parabilis mortgage from present to non-current (Be aware 8); and
• Different immaterial modifications.

The MD&A was additionally modified to incorporate the above modifications.

On Behalf of Liberty Protection

Invoice Frain
CEO & Director

About Liberty Protection

Liberty Protection (TSXV: SCAN, OTCQB: LDDFF, FRANKFURT: LD2A) gives multi-technology safety options for hid weapons detection in excessive quantity foot site visitors areas and areas requiring enhanced safety equivalent to airports, stadiums, faculties, and extra. Liberty’s HEXWAVE product, for which the corporate has secured an unique license from Massachusetts Institute of Know-how (MIT), in addition to a know-how switch settlement for patents associated to energetic 3D radar imaging know-how, gives discrete, modular, and scalable safety to supply layered, stand-off detection functionality of metallic and non-metallic weapons. Liberty has additionally lately licensed the millimeter wave-based, Excessive-Definition Superior Imaging Know-how (HD-AIT) physique scanner and shoe scanner applied sciences as a part of its know-how portfolio. Liberty is dedicated to defending communities and preserving peace of thoughts by superior safety detection options. Study extra: LibertyDefense.com

For additional details about Liberty, please contact:

Jay Adelaar, Senior Vice President of Capital Markets
Electronic mail: jay@libertydefense.com
Tel: 604-809-2500

FORWARD-LOOKING STATEMENTS

When used on this press launch, the phrases “estimate”, “challenge”, “perception”, “anticipate”, “intend”, “count on”, “plan”, “predict”, “might” or “ought to” and the damaging of those phrases or such variations thereon or comparable terminology are supposed to determine forward-looking statements and data. Though Liberty believes, in mild of the expertise of their respective officers and administrators, present situations and anticipated future developments and different components which were thought of acceptable, that the expectations mirrored within the forward-looking statements and data on this press launch are affordable, undue reliance shouldn’t be positioned on them as a result of the events can provide no assurance that such statements will show to be appropriate. Such statements and data replicate the present view of Liberty. There are dangers and uncertainties that will trigger precise outcomes to vary materially from these contemplated in these forward-looking statements and data.

By their nature, forward-looking statements contain identified and unknown dangers, uncertainties and different components which can trigger our precise outcomes, efficiency or achievements, or different future occasions, to be materially completely different from any future outcomes, efficiency or achievements expressed or implied by such forward-looking statements. There are a variety of vital components that would trigger Liberty’s precise outcomes to vary materially from these indicated or implied by forward-looking statements and data. Such components embrace, amongst others: forex fluctuations; restricted enterprise historical past of the events; disruptions or modifications within the credit score or safety markets; outcomes of operation actions and improvement of tasks; challenge price overruns or unanticipated prices and bills; and normal improvement, market and trade situations. The events undertake no obligation to touch upon analyses, expectations or statements made by third events in respect of their securities or their respective monetary or working outcomes (as relevant).

Liberty cautions that the foregoing listing of fabric components isn’t exhaustive. When counting on Liberty’s forward-looking statements and data to make selections, traders and others ought to fastidiously contemplate the foregoing components and different uncertainties and potential occasions. Liberty has assumed that the fabric components referred to within the earlier paragraph is not going to trigger such forward-looking statements and data to vary materially from precise outcomes or occasions. Nevertheless, the listing of those components isn’t exhaustive and is topic to vary and there could be no assurance that such assumptions will replicate the precise consequence of such objects or components. The forward-looking data contained on this press launch represents the expectations of Liberty as of the date of this press launch and, accordingly, are topic to vary after such date. Liberty doesn’t undertake to replace this data at any specific time besides as required in accordance with relevant legal guidelines.

Neither the TSX Enterprise Trade nor its Regulation Companies Supplier (as that time period is outlined within the insurance policies of the TSX Enterprise Trade) accepts accountability for the adequacy or accuracy of this press launch.