On October 3, 2023, Vinergy Capital Inc., closed the transaction. The company issued 7,500,000 units of the company at CAD 0.20 per unit for gross proceeds of CAD 1,500,000 in the transaction. Two insiders of the company subscribed for an aggregate of 650,000 units.

All securities issued in connection with the Offering are subject to a statutory hold period of four months plus a day from the date of issuance in accordance with applicable securities legislation ending on February 4, 2024. As a part of the transaction, the company paid aggregate cash finder?s fees totaling CAD 26,400 and issued 186,000 finder?s warrants.