On September 19, 2023, NetraMark Holdings Inc. closed the transaction. The company amended the terms of the transaction, and issued 10,000,000 units at an issue price of CAD 0.20 per unit for gross proceeds of CAD 2,000,000. The company paid a finder?s commission in the aggregate amount of CAD 108,000 and issued 540,000 warrants.

The broker warrants have identical terms as the warrants. The broker warrants issued by the company in connection with the offering will be subject to a 4-month and a day hold period expiring on January 22, 2023.