On June 1, 2022, Lords & Company Worldwide Holdings Inc. closed the transaction. The company has issued 1,808,000 units at a price of CAD 8.3 cents per unit for gross proceeds of CAD 150,064 in its fourth and final tranche. The Company paid finders' fees of $12,005.12 in cash and issued 144,640 compensation warrants to Haywood Securities Inc. Each Compensation Warrant entitles the holder thereof to purchase one additional Share of the Company for a period of two years closing at a price of CAD 0.20 per Share, expiring June 1, 2024, and are subject to the Acceleration Provision.