On April 22, 2021, Speakeasy Cannabis Club Ltd. (CNSX:EASY) closed the transaction. The company received CAD 3,000,000 in the transaction. The company has issued the Administrative Agent an aggregate of 288,462 common shares in the capital, at a deemed price of CAD 0.52 per share, in satisfaction of the payment of a finder's fee. In addition, the Company has granted the Administrative Agent an aggregate of 5,769,231 common share purchase warrants. Each warrant entitles the holder to purchase a common share at a purchase price of CAD 0.70 per share, subject to adjustment, until April 21, 2024.