As of October 28, 2022, the company has received CAD 479,000 in its second tranche. The company has issued total 1,735,017 units at an issue price of CAD 0.65 for the gross proceeds of CAD 1,127,761.05 in the transaction. The TSX Venture Exchange has accepted for filing documentation with respect to a non-brokered private placement.

The transaction included participation from 16 placees including aggregate existing insider involvement two placees for 115,384, pro group involvement of one group. The company paid CAD 9,750 as the finder's fees in the transaction.