On June 30, 2023, Seven Oaks Capital Corp. closed the transaction. The company has amended the terms of the transaction.

The company issued 1,576,560 common shares at an issue price of CAD 0.10 per share for the gross proceeds of CAD 157,656. All shares issued are subject to a 4 month hold from the date of their issuance. In connection with the private placement, the corporation paid aggregate finder's fees of approximately CAD 1,253.12.

The transaction included participation from seven placees.