PATRONUS TECHNOLOGIES SECURES BRIDGE FUNDING FROM SYNIAD INNOVATIONS AS IT LOOKS TOWARDS A PUBLIC LISTING IN 2025

Kelowna, British Columbia / October 10, 2024 / Patronus Technologies Inc. (the “Company” or “Patronus”), a commercialization accelerator focused on advanced dual-use materials for specialized defense and civilian industrial applications, is pleased to announce that it has secured bridge financing of CAD 250,000 from Syniad Innovations Inc. This capital is to be deployed against the costs associated with work towards an anticipated public listing and associated raise early in 2025.

“Patronus is developing rapid momentum” said Rick Fichera, Company CEO. “We have now turned our attention to the next phase of our development with a go-public strategy and capital raise to fuel our ambitious vision for the company. The support of our parent shareholder at Syniad Innovations as we work towards this is invaluable”.

About Patronus Technologies Ltd

The Company is a commercialization accelerator focused on advanced dual-use materials for specialized defense and civilian industrial applications with a mission to protect people & property. The company is dedicated to the discovery, evaluation, and advancement of novel materials that are crucial for national security and next generation industrial applications. To find our more, please visit: https://patronus.tech.