On November 15, 2021, Clear Blue Technologies International Inc. closed the transaction. The company has received CAD 4,334,000 in the transaction. The company has received its second and final tranche.

The company has received CAD 2,799,000 in the tranche. The transaction included participation from 64 placees including insiders of the company including, Director Jane Kearns for 30,000 debentures, Co-Founder, Chief Technology Officer & Director Mark Windrim for 50,000 debentures, Director Steven Parry for 20,000 debentures, Vice President Solutions Jason Woerner for 25,000 debentures and Vice President of Sales & Business Development Paul Desjardins for 25,000 debentures and also included participation from pro-groups of 3 placees for 70,000 debentures. The company paid finders' fees in cash, totaling CAD 131,180, and in broker warrants, totaling 319,200 warrants to Echelon Wealth Partners Inc., with each broker warrant entitling the holder to acquire one Common Share for a period of 48 months at a price per share of CAD 0.40.

The TSX Venture Exchange has accepted for filing documentation of the transaction.