On December 15, 2023 the company has closed the transaction. The company issued 3,000,000 units at a price of CAD 0.05 per unit for gross proceeds of CAD 150,000. Each unit consists of one common share and one transferable share purchase warrant, with each warrant entitling the holder to purchase one common share at an exercise price of CAD 0.065 until December 15, 2025.

Securities issued under the Financing are subject to a four month hold period in accordance with applicable Canadian securities laws, which expires April 16, 2024. No finder?s fees were paid in connection with the Financing.