On May 8, 2024, the company has issued 3,812,981 units at a price of CAD 0.65 per Unit, for aggregate gross proceeds of up to CAD 2,478,437.65 in its first tranche closing. In connection with the Offering, the Company issued an aggregate of 174,154 finder?s warrants and paid finder?s commissions of an aggregate of CAD 113,199.80 to certain qualified finders. All securities issued pursuant to the Offering, including the Finder?s Warrants, are subject to a hold period expiring on September 9, 2024, in addition to such other restrictions as may apply under applicable securities laws of jurisdictions outside Canada.

The company has received $553,720(CAD 759,703.84) from 7 investors pursuant to exemption provided under Regulation D. The company has paid placement agent fee $33,223 (CAD 45,581.956) in the transaction.