On July 29, 2021, Blue Rhino Capital Corp. closed the transaction. The company has issued 2,000,000 subscription receipts for gross proceeds of CAD 500,000 in its final tranche. The company has issued 11,200,000 subscription receipts in total for gross proceeds of CAD 2,800,000 in transaction to 73 placees including Dave Cross for 60,000 receipts, Dave Brett for 20,000 receipts, Greg McKenzie for 80,000 receipts, and Anton Drescher for 100,000 receipts. The proceeds from the transaction will remain in escrow pending completion of the transaction. TSX Venture Exchange has accepted for filing documentation with respect to the transaction. The company paid finder's fees of CAD 59,500 to Canaccord Genuity Corp., CAD 12,600 to Haywood Securities Inc., and CAD 7,700 to Richardson Wealth Ltd.