On December 31, 2021, Bold Capital Enterprises Ltd. closed the transaction. The common shares issued are subject to a hold period expiring on May 1, 2022. As a result of the closing of the transaction, there are now 47,264,500 common shares of the company issued and outstanding.

The transaction was carried out pursuant to prospectus exemptions of applicable securities laws and is subject to final acceptance by the TSX Venture Exchange. The TSX Venture Exchange has accepted for filing documentation of the transaction. The company paid a total of CAD 130,800 in finders' fees to certain arm's-length finders to Research Capital Corp., CapitaLink Ltd., LIA Pure Capital Ltd. and 9140-5357 Quebec Inc.