On March 31, 2023, Critical Infrastructure Technologies Ltd. closed the transaction. The company has issued 230,000 common shares at a price of CAD 0.30 per share for total gross proceeds of CAD 69,000. The shares issued pursuant to the transaction are subject to a statutory hold period of four months from the date of issuance.

The company currently has 83,377,899 shares issued and outstanding, including the 230,000 shares issued pursuant to the transaction. Of which, 11,565,000 representing 13.87% of the issued and outstanding Shares are free trading, and 71,812,899 representing 86.13% of the issued and outstanding shares are subject to statutory and/or contractual escrow.