On September 24, 2021, Ecolomondo Corporation closed the transaction. The company issued 6,153,845 units for gross proceeds of CAD 3,999,999.25. The transaction involved participation from 154 investors including 2 professional group investors for 70,000 units. The warrants are exercisable until September 24, 2024. The company paid commissions to 4 eligible finders, totaling CAD 139,212.87. The transaction is subject to the receipt of all necessary regulatory approvals including that of the TSX Venture Exchange. The filing documentation with respect to the transaction has been accepted by TSX Venture Exchange.