On April 14, 2023, HydroGraph Clean Power Inc. closed the transaction. The company issued 19,237,666 units at a price of CAD 0.12 per unit for aggregate gross proceeds of CAD 2,308,520. The transaction included participation from certain insider investors for 1,425,000 units.

The company paid cash finders' fees to certain finders equal to 7% of the gross proceeds raised by each finder, and issued broker warrants equal to 7% of the aggregate number of units sold to purchasers introduced to the company by each finder.