On January 12, 2024, Impact Analytics Inc. closed the transaction. The company issued 375,000 units at an issue price of CAD 0.50 per unit for gross proceeds for CAD 187,500 under third and final tranche. Each Unit is comprised of one common share in the capital of the Company and one common share purchase warrant.

Each Warrant will be exercisable into one Common Share at a price of CAD 1.25 per share for two years from the date of issue.