On March 31, 2021, Blackhawk Growth Corp. (CNSX:BLR) closed the transaction. The warrant are exercisable to acquire an additional common share at a price of CAD 0.60 until March 31, 2023. The company paid finders' fees of CAD 77,485 and issued 154,970 warrants to certain arm's-length parties who introduce subscribers to the offering. All securities issued in connection with completion of the offering are subject to a four-month-and-one-day statutory hold period, in accordance with applicable securities laws, until Aug. 1, 2021.