On May 17, 2024, Goldhills Holding Ltd. closed the transaction. All Common Shares issued pursuant to the Offering are subject to a four-month statutory hold period. Insiders participated purchasing 1,000,000 shares.

The transaction included participation from returning investor Steven Sangha purchased 1,000,000 common shares for consideration of CAD 50,000. Immediately prior to the closing of the Private Placement, Sangha beneficially owned or controlled 2,185,507 Shares of the Company, which represented approximately 9.43% of the issued and outstanding Shares on a non-diluted basis and on a partially diluted basis. Immediately following the closing of the Private Placement, Sangha beneficially owns or controls 3,185,507 Shares, representing approximately 10.67% of the issued and outstanding Shares on a non diluted basis and on a partially diluted basis.