On January 5, 2024, the company issued 7,276,470 units at a price of CAD 0.34 (post-Consolidation) per unit for aggregate gross proceeds of CAD 2,474,000 and 2,223,529 pre-funded special warrants units at a price of CAD 0.34 per special warrant for aggregate gross proceeds of CAD 756,000 for the total gross proceeds of CAD 3,230,000 in its first tranche closing. All securities issued in the Offering are subject to a statutory hold period that expires on May 6, 2024.