On September 25, 2023, American Aires Inc. closed the transaction. The company has issued issued 717 units at an issue price of CAD 1,000 for the gross proceeds of CAD 717,000 in its second and final tranche. Pursuant to the final tranche of the transaction, the company paid a finder's fee of CAD 11,100.

The company has raised total gross proceeds of CAD 1,042,000 through the issuance of 1,042 units in the transaction.