On March 27, 2021, GreenBank Capital Inc. (OTCPK:GRNB.F) closed the transaction. The company issued 9,908,573 units for gross proceeds of CAD 4,458,858 in the transaction. The transaction included participation from 54 investors including directors and officers of the company, Chairman Mark Wettreich, CEO David Lonsdale, CFO Miles Nagamatsu and company’s barrister Robert Isles for CAD 300,000 in aggregate and investors from Canada, United States, United Kingdom, Switzerland and Iceland also participated. The company paid total finder's fees of CAD 80,362.50 in cash and issued a total of 2,944 finder’s warrants and a total of 17,500 finder’s units. Each finder’s warrant entitles the holder to purchase one common share at a price of CAD 0.50 per share for a term of 36 months from the issuance date. Each finder’s unit consists of one common share and one half warrant with each full warrant grating the holder the right to purchase one common share at a price of CAD 0.50 per share for a term of 36 months from the issuance date.