On August 25, 2023, The BC Bud Corporation closed the transaction. The company issued an aggregate of 2,646,667 units at an issue price of CAD 0.075 per unit for gross proceeds of CAD 198,500. The company issued 1,946,667 units under the second and final tranche at a price of CAD 0.075 per unit for the gross proceeds of CAD 146,000.

Each whole warrant entitles the holder to purchase a further common share at a price of CAD 0.15 per share until August 25, 2026. No finder?s fees were paid in connection with the transaction.