On December 31, 2021, Radient Technologies Inc. closed the transaction. The company issued 20,880,714 units for proceeds of CAD 1,252,842. The transaction includes participation from insiders including Yves Gougoux, Francesco Ferlaino for 3,400,000 units each, Jan Petzel for 1,666,667 units, Prakash Hariharan through Aamun-ra Capital Corp for 3,548,321 units and for aggregate of 12,014,988 units for proceeds of CAD 720,899 .

All securities are subject to hold period expiring on May 1, 2022. All securities issued in connection with the transaction are subject to a statutory hold period expiring on May 1, 2022. Completion of the transaction is subject to receipt of final approval of the TSX Venture Exchange.

No finder's fees were paid in connection with the transaction. TSX Venture Exchange has accepted for filing documentation with respect to the transaction. The transaction included participation from 12 placees.