On July 23, 2021, GrowMax Resources Corp. closed the transaction. The company has issued 18,830,769 units for gross proceeds of CAD 1,223,999.985 in the transaction. The transaction included participation from Kulwant Malhi for 11,133,846 and existing investor Rauni Malhi for 7,696,923 units. All securities issued are subject to a hold period expiring on November 24, 2021. The warrants are exercisable until July 23, 2026. On August 23, 2021, The company has received acceptance for filing documentation from TSX Venture Exchange with respect to this transaction.