On July 16, 2020, First Light Capital Corp (TSXV:XYZ.P) closed the transaction. The company issued 13,800,000 shares for gross proceeds of CAD 1,380,000 in its final tranche. The transaction included participation from CEO James Currie for 1,200,000 shares. The company paid no finders' fees or commissions in connection with the offering. The company has received CAD 325,000 from three investors pursuant to Regulation D.