On March 12, 2024, the company announced that it has issued 7,090,000 units at a price of CAD 0.10 per unit for the gross proceeds of CAD 709,000 in its second tranche closing. This is the final tranche. The company raised total gross proceeds of CAD 2,025,000 in the transaction.

The transaction includes participation from insiders of the company for 250,000 units for CAD 25,000. The company may pay finder's fees in connection with the transaction. The transaction is subject to approval from the Canadian Securities Exchange.

All securities issued in connection with the transaction will be subject to a four month hold period. The company paid finder's fees of CAD 89,440 and 894,400 broker warrants. The company will issue CAD250,000 securities pursuant to exemption provided under Regulation D. The transaction included participation from one non accredited investor.