On April 3, 2024, G2 Energy Corp. closed the transaction. The company will now issue 7,375,900 units at a price of CAD 0.05 per unit for gross proceeds of CAD 368,795 in the transaction.

The company has issued 6,175,900 units at a price of CAD 0.05 per unit for aggregate gross proceeds of up to CAD 308,795 in its second and final tranche closing. The transaction included participation from Slawomir Smulewicz for acquiring indirectly 1,600,000 Units and Markus Mair for acquiring directly 600,000 Units. The securities issued pursuant to the Second and Final Tranche Closing of the private placement are subject to a statutory hold period of four months plus one day hold that expires on July 4, 2024.