On February 10, 2022, Identillect Technologies Corp. closed the transaction. The transaction included participation from Todd Sexton, chief executive officer for 5,000,000 units and 13 placees. The financing consisted of 66,666,666 common shares at a price of CAD 0.015 per share for gross proceeds of CAD 1,000,000. All securities issued in connection with the financing are subject to a hold period expiring June 11, 2022.

On February 16, 2022, the TSX Venture Exchange has accepted for filing documentation with respect to the transaction.