On February 26, 2024, Boardwalktech Software Corp., closed the transaction. The company issued 473,400 units of the company at a price of CAD 0.30 and the company also issued 32,825 units on a non-brokered basis to United States investors, at CAD 0.30. Collectively across both tranches of the offering a total of 7,521,578 Units were issued, and an aggregate of CAD 2,256,473 gross proceeds were raised. The company paid certain finder?s fees in connection with the second tranche of the offering of approximately CAD 11,361 in cash commissions, and 37,872 non-transferrable Warrants of the company exercisable to acquire one common share at an exercise price of CAD 0.50 for a period of three years from the date of issuance.

The company announced that the TSX Venture Exchange has accepted for filing documentation with respect to a non-brokered private placement. The transaction included participation from 40 placees and 3 insiders for 209,512 shares.