On April 27, 2022, Level 14 Ventures Ltd. closed the transaction. The company has issued 16,435,000 common shares at a price of CAD 0.20 per share for gross proceeds of CAD 3,287,000 in the transaction. The company has paid finder's fees of CAD 49,500 in connection to the transaction.

All securities issued in the transaction are subject to a statutory hold period of four months and one-day hold period expiring on August 28, 2022.