On June 9, 2023, The company issued 238,185 units at a price of CAD 2.33 per unit for gross proceeds of CAD 554,971.24 its first tranche closing. The company anticipates closing further tranches on or before July 17, 2023. In connection to the First Tranche closing,the Company has issued 4,764 Shares of the Company to Amalfi Corporate Services Ltd., in consideration for administrative services rendered in connection with the transaction. No other finders? fees or commissions were paid in connection with completion of the first tranche. Pursuant to applicable securities laws, all securities issued under the first tranche are subject to a statutory hold period until October 10, 2023.

On the same day, the company amended the terms of the transaction and issued 214,592 units at a price of CAD 2.33 per unit for the gross proceeds of CAD 499,999. The transaction included participation from returning investor, Right Season Investments Corp.