On April 27, 2023, the company announced that it has issued 1,429,000 units at an issue price if CAD 0.07 for an aggregate subscription amount of CAD 100,030 in the fifth tranche. Each unit is comprised of a common share and one-half of a warrant, a whole warrant exercisable to purchase a common share at a price of CAD 0.11 for a period of two years. In connection with the tranche, an aggregate of 100,030 shares were issued as finder fees.

All securities issued are subject to a hold period of four months and one day following issue. An insider of the company purchased 1,429,000 Units, representing the total number of units issued.