On June 30, 2022, Sensor Technologies Corp. closed the transaction. The company has issued 10,600,000 units for aggregate gross proceeds of CAD 530,000.

Each unit will consist of one common share and one common share purchase warrant. Each warrant will entitle the holder to thereof to acquire one common share at a price of CAD 0.08 per warrant share at any time until June 27, 2024. All securities issued pursuant to the offering are subject to a statutory hold period of four months and one day.