On September 21, 2022, ICEsoft Technologies Canada Corp. closed the transaction. The company received CAD 650,175.

The full conversion of issued note principal and all accrued interest through the end of term of the note would result in the issuance of 18,855,075 common shares. No finder's fees were paid with respect to the completion of the debt financing. The transaction included participation from Bluesky Equities Ltd., represented by Derrick Hunter, for CAD 100,000, Shen Capital Fund I L.P, represented by Francis Shen, for CAD 350,000, and Derrick 2021 Family Trust, represented by Will Derrick for CAD 200,175.