KWESST Announces Grant of Stock Options
Ottawa, Ontario--(Newsfile Corp. - July 27, 2022) - KWESST Micro Systems Inc. (TSXV: KWE) (OTCQB: KWEMF) ("KWESST" or the "Company") announces it has awarded stock options pursuant to its Long-Term Performance Incentive Plan, to its Chief Financial Officer to purchase up to an aggregate of 100,000 common shares of the Company. The stock options are exercisable at a price of $0.205 per share and will expire on July 22, 2027. About KWESST KWESST (TSXV: KWE) (OTCQB: KWEMF) (FSE: 62U)...
2022-07-27 10:41 PM EDT
KWESST Announces Closing of Private Placement of Units for Gross Proceeds of $344,000
Ottawa, Ontario--(Newsfile Corp. - July 14, 2022) - KWESST Micro Systems Inc. (TSXV: KWE) (OTCQB: KWEMF) ("KWESST" or the "Company") is pleased to announce the closing of a non-brokered private placement of 1,600,000 units at a price of $0.215 per unit, for aggregate gross proceeds to KWESST of $344,000. "As a result of a close business associate's expression of interest to further increase their investment in the Company, along with certain insiders, we welcome this additional capital to...
2022-07-14 10:52 PM EDT
KWESST Receives Contract Award to Integrate New Incident Command Centre and Ground Search and Rescue Application Into ATAK
Ottawa, Ontario--(Newsfile Corp. - July 7, 2022) - KWESST Micro Systems Inc. (TSXV: KWE) (OTCQB: KWEMF) (FSE: 62U) ("KWESST" or the "Company"), a developer of next-generation tactical systems for military, security, and personal defense markets, today announced that it has been awarded a three-year contract by CounterCrisis Technology Inc. ("CC-T") to design, develop, and implement a significant component of a national Ground Search and Rescue Incident Command System (GSAR ICS) for Public...
2022-07-07 8:25 AM EDT
KWESST Micro Systems Inc. Interview to Air on Bloomberg U.S. on The RedChip Money Report
Ottawa, Ontario--(Newsfile Corp. - June 3, 2022) - KWESST Micro Systems Inc. (TSXV: KWE) (OTCQB: KWEMF), a developer of next-generation tactical systems for military, security, and personal defense markets, today announced that an interview with Executive Chairman David E. Luxton will air on The RedChip Money Report® on Bloomberg TV, June 4, at 7 p.m. Eastern Time (ET). Bloomberg TV is available in an estimated 73 million homes across the United States. The RedChip Money Report® is produced...
2022-06-03 10:17 AM EDT
KWESST Showcases Latest in Next-Generation Tactical Systems at CANSEC 2022 Defence and Security Expo, June 1-2, EY Centre, Ottawa, Canada
Ottawa, Ontario--(Newsfile Corp. - June 1, 2022) - KWESST Micro Systems Inc. (TSXV: KWE) (OTCQB: KWEMF) (FSE: 62U) ("KWESST" or "the Company"), a developer of next-generation tactical systems for military, security, and personal defense markets, today announced its featured systems lineup to be showcased at Canada's annual defence and security expo, CANSEC, June 1-2, at the EY Centre, Booth 1435. Military and security force d
2022-06-01 11:39 AM EDT
Statement from KWESST's Chief Garcia on Texas Mass Shootings
Ottawa, Ontario--(Newsfile Corp. - May 31, 2022) - Daniel V. Garcia, former Chief of Police of the Phoenix Police Department and Assistant Chief of Dallas Police Department and leader of KWESST Micro Systems Inc.'s (TSXV: KWE) (OTCQB: KWEMF) (FSE: 62U) ("KWESST" or the "Company") expansion in the field of critical incident management solutions for the public safety market, today made the following statement regarding the tragic shooting in Uvalde, Texas: "KWESST recently announced our entry...
2022-05-31 12:06 PM EDT
Persistent Systems Designates KWESST as Authorized Integrator
Ottawa, Ontario--(Newsfile Corp. - May 24, 2022) - KWESST Micro Systems Inc. (TSXV: KWE) (OTCQB: KWEMF) (FSE: 62U) ("KWESST" or "the Company"), a developer of next-generation tactical systems for military, security, and personal defense markets, today announced that New York-based Persistent Systems, LLC ("Persistent"), an industry leader in mobile ad hoc
2022-05-24 8:37 AM EDT
Elisabeth Preston to Retire from KWESST Board and Step Down as Corporate Secretary; Expected U.S. Replacement for Board Seat Pending
Ottawa, Ontario--(Newsfile Corp. - May 19, 2022) - KWESST Micro Systems Inc. (TSXV: KWE) (OTCQB: KWEMF) (FSE: 62U) ("KWESST" or "the Company"), a developer of next-generation tactical systems for military, security, and personal defense markets, today announced that Elisabeth Preston will be retiring as director and Corporate Secretary effective immediately. Ms. Preston joined the KWESST board February 21st, 2021 and has also served since then as Corporate Secretary. Her exit is precipitated...
2022-05-19 10:42 AM EDT
KWESST Appoints Former Chief of Police to Lead the Expansion of the Company's Critical Incident Management Solutions to the Public Safety Market
Ottawa, Ontario--(Newsfile Corp. - May 13, 2022) - KWESST Micro Systems Inc. (TSXV: KWE) (OTCQB: KWEMF) (FSE: 62U) ("KWESST" or "the Company"), a developer of next-generation tactical systems for military, security, and personal defense markets, today announced the appointment of
2022-05-13 11:06 AM EDT
KWESST Advisor and Spokesperson Brandon Tatum to Replace Larry Elder on Salem Radio Network
Ottawa, Ontario--(Newsfile Corp. - May 9, 2022) - KWESST Micro Systems Inc. (TSXV: KWE) (OTCQB: KWEMF) (FSE: 62U) ("KWESST" or the "Company") today announced that the Salem Radio Network has signed KWESST advisor and advocate, Brandon Tatum to replace Larry Elder who announced his retirement from radio on April 3rd. Brandon will also turn the third hour of the radio show into a daily Podcast. He will take over a network show with 387 total affiliates beginning Monday, May 16th. "We have been...
2022-05-09 12:49 PM EDT
KWESST Micro Systems Engages RedChip to Lead Investor Relations Efforts
Ottawa, Ontario--(Newsfile Corp. - April 25, 2022) - KWESST Micro Systems Inc. (TSXV: KWE) (OTCQB: KWEMF) (FSE: 62U) ("KWESST" or the "Company") is pleased to announce it engaged RedChip Companies ("RedChip") to lead its investor relations efforts. "We are excited to work with RedChip as we enter what we believe will be a new phase of growth for our company," said David Luxton, Executive Chairman of KWESST. "After comparing the alternatives, we selected RedChip to help increase our visibility...
2022-04-25 12:07 PM EDT
KWESST Micro Systems Announces Results of 2022 Annual General and Special Meeting of Shareholders, Business Update and Frankfurt Listing
Ottawa, Ontario--(Newsfile Corp. - April 4, 2022) - KWESST Micro Systems Inc. (TSXV: KWE) (OTCQB: KWEMF) (FSE: 62U) ("KWESST" or the "Company") announces the results of its 2022 Annual and Special Meeting of shareholders held on Thursday, March 31, 2022 in virtual format. Shareholders approved all the resolutions detailed in the management information circular of the Company dated February 11, 2022, namely: To set the number of Directors at six; Electing all the nominees to the Board of...
2022-04-04 9:08 AM EDT
KWESST Increases Financing
Ottawa, Ontario--(Newsfile Corp. - March 15, 2022) - KWESST Micro Systems Inc. (TSXV: KWE) ("KWESST" or the "Company") today said that it has closed additional subscriptions of the non-secured loan (the "Loan") financing announced on March 14th, 2022. These additional subscriptions in the amount of $200,000, bring the total amount raised through the Loan financing to $2.0 million. The Loan bears interest at a rate of 9.0% per annum, compounded monthly and not in advance, and has a maturity of...
2022-03-15 3:50 PM EDT
KWESST Raises $1.9 million Though Financing and Warrants Exercise
Ottawa, Ontario--(Newsfile Corp. - March 14, 2022) - KWESST Micro Systems Inc. (TSXV: KWE) ("KWESST" or "the Company") today announced that it has closed a non-secured loan financing with various lenders in an aggregate amount of $1.8 million (the "Loan") and received $120,000 Notices of Exercise from certain warrant holders. The Loan bears interest at a rate of 9.0% per annum, compounded monthly and not in advance, and has a maturity of thirteen months, with the Company having the option to...
2022-03-14 11:58 AM EDT
KWESST Provides Corporate Update, Highlights Changed Operating Environment
Ottawa, Ontario--(Newsfile Corp. - March 1, 2022) - KWESST Micro Systems Inc. (TSXV: KWE) (OTCQB: KWEMF) ("KWESST" or "the Company") today provided a comprehensive corporate update on progress and developments, including a stronger outlook for Company products in the face of a changing operating environment. Operating environment "In the past days and weeks, we've witnessed a fundamental re-set in the operating environment
2022-03-01 8:39 AM EST
KWESST Updates Investors on Use of Its ARWEN Anti-Riot Device at Trucker Protest in Ottawa, Canada
Ottawa, Ontario--(Newsfile Corp. - February 22, 2022) - KWESST Micro Systems Inc. (TSXV: KWE) (OTCQB: KWEMF) ("KWESST" or "the Company") today provided an update and commentary for shareholders regarding media reports that police in Ottawa, Canada used the Company's ARWEN anti-riot device on aggressive protesters in Ottawa. The ARWEN fires various kinds of anti-riot munitions including a blunt impact "baton" round intended to temporarily stun an aggressive subject without causing serious...
2022-02-22 8:37 AM EST
KWESST Reports on PARA OPS Showcase at SHOT Show 2022
Ottawa, Ontario--(Newsfile Corp. - January 28, 2022) - KWESST Micro Systems Inc. (TSXV: KWE) (OTCQB: KWEMF) ("KWESST" or the "Company") is pleased to report on the results of the 2022 SHOT Show, held January 18-21 in Las Vegas, at which KWESST displayed and demonstrated its single-shot and multiple-shot PARA OPS non-lethal products for personal defense. Also on display were samples of the ARWEN product line, recently acquired by KWESST. "As expected, the SHOT Show confirmed strong interest in...
2022-01-28 8:52 AM EST
Brandon Tatum to Headline KWESST Non-Lethal Product Launch At 2022 SHOT Show
Ottawa, Ontario--(Newsfile Corp. - January 17, 2022) - KWESST Micro Systems Inc. (OTCQB: KWEMF) (TSXV: KWE) ("KWESST," or the "Company"), a leader in providing next-generation tactical systems for security forces and personal defense, is pleased to announce that former Tucson police officer and Company spokesperson Brandon Tatum will headline a major product launch for the Company at the Shooting, Hunting, and Outdoor (SHOT) trade show in Las Vegas, Nevada this month. Set to take place...
2022-01-17 8:52 AM EST
KWESST Announces Branding of Non-Lethal Low Energy Cartridge (LEC) System in Conjunction with Launch at SHOT Show 2022 - Booth # 40022
Ottawa, Ontario--(Newsfile Corp. - January 14, 2022) - KWESST Micro Systems Inc. (TSXV: KWE) (OTCQB: KWEMF) ("KWESST" or the "Company") today announced that it will be launching its non-lethal Low Energy Cartridge (LEC) product line under the brand PARA OPS in conjunction with the opening of the 2022 SHOT Show in Las Vegas January 18-21. The PARA OPS website which can be found at www.para-ops.com and it will go live the on January 17, the day before the SHOT Show. You can visit KWESST at the...
2022-01-14 8:42 AM EST
KWESST Announces $400,000 in Police Orders for ARWEN Products
Ottawa, Ontario--(Newsfile Corp. - January 10, 2022) - KWESST Micro Systems Inc. (TSXV: KWE) (OTCQB: KWEMF) ("KWESST" or the "Company") is pleased to announce that it has received orders from three law enforcement agencies for approximately $400,000 in ARWEN products (all values in CAD). One order from an overseas national police agency is for approximately $250,000 to be shipped next month. The other two orders are from Canadian law enforcement agencies, with one order shipped in late...
2022-01-10 8:52 AM EST