QSE Closes First Tranche of Private Placement of $5.3 Million and Announces Further Upsize to $6 Million

Source Summary

Vancouver, British Columbia--(Newsfile Corp. - August 3, 2026) - Quantum Secure Encryption Corp. (CSE: QSE) (OTCQB: QSEGF) (FSE: VN80) ("QSE" or the "Company") is pleased to announce that it has closed the first tranche of its previously announced non-brokered private placement financing (the "Offering", see news release dated July 10, 2026 and July 24, 2026) by issuing 11,833,456 units (the "Units") at a price of $0.45 per Unit for total proceeds of $5,325,055.20 (the "First Tranche").