On March 4, 2024, Carbeeza Inc. closed the transaction. The company issued 6,500,000 units at a price of CAD 0.10 per Unit for gross proceeds of CAD 650,000 in its second and final tranche closing. In total of first and second tranche, the company has now issued total 9,500,000 units at a price of CAD 0.10 per unit for total gross proceeds of CAD 950,000 in the transaction.

The Common Shares and the Common Shares issuable upon exercise of the Warrants, will be subject to a four month and one day hold period in accordance with applicable securities laws and the policies of the Exchange. The TSX Venture Exchange has accepted for filing documentation with respect to anon-brokered private placement. The transaction included participation 3 placees.