On December 15, 2022, AD4 Capital Corp. closed the transaction. The transaction included participation from total of 12 investors including one insider for CAD 100,000 and one professional group investor for CAD 250,000.

The company paid finders fee of CAD 24,000 in cash and issued 109,090 warrants. The finder warrants have same terms as transaction warrants. TSX Venture Exchange has accepted for filing documentation for the transaction.