On December 31, 2024 InnoCan Pharma Corporation closed the transaction and issued 3,177,223 Units at a price of CAD 0.20 per Unit for aggregate gross proceeds of CAD 635,444.60. The Company paid an arm's length finder a cash fee of CAD 13,500 and issued to the finder 67,500 warrants attributable to investors introduced to the Company by the finder within 3 months following such introduction. Each Finder Warrant entitles the Finder to purchase one Common Share at an exercise price of CAD 0.28 for a period of four (4) years from the date of issuance.