On October 27, 2021, Alset Capital Inc. closed the transaction. The company issued 8,333,366 units at a price of CAD 0.09 per unit for gross proceeds of CAD 750,002.94. The company has paid finder?s fees totaling CAD 48,002.40 and issued an aggregate of 533,360 non-transferable finders? warrants. Each finders? warrant will entitle the holder to purchase one common share in the capital of the Company at a price of CAD 0.12 per finders? warrant share for a period of 12 months from the closing date of the transaction. All of the securities issued in the transaction are subject to a hold period of 4 months and a day pursuant to applicable securities laws which expires on February 28, 2022. The TSX Venture Exchange has accepted for filing documentation with respect to offering. The transaction included participation from 33 placees and two professional group involvement of two placees for 125,000 shares. The company paid finder?s fee to Research Capital Corp of CAD 3,196.80 and Leede Jones Gable Inc of CAD 44,805.60.