On October 16, 2023, the company announced that it has received CAD 425,000 in its second tranche. The securities issued pursuant to the offering are subject to a four month hold period that expires on February 14, 2024. The debentures issued in connection with this second tranche of the offering will mature on October 13, 2024.

The company paid a finder's fee of CAD 1,800 and 15,652 non-transferable compensation options. Each compensation option is exercisable into one common share at CAD 0.115 per share, subject to adjustments in certain events, until October 13, 2025.