On February 16, 2022, Great Quest Fertilizer Ltd closed the transaction. The company 3,490,000 units for gross proceeds of CAD 174,500. The company paid cash finder's fees of CAD 3,500 and issued 70,000 finder's warrants to Leede Jones Gable. Each finder warrant will entitle the holder thereof to acquire one Share at a price of CAD 0.05 for a period of 24 months following the date hereof. The transaction includes participation from five places, certain directors including Mohammed Bouhsane, chief operating officer, for 2,000,000 units, Jed Richardson, president, chief executive officer and director 200,000 units and other investors.

On February 18, 2022, the TSX Venture Exchange has accepted for filing documentation with respect to the transaction.