On August 30, 2021, Hire Technologies Inc. closed the transaction. The company issued 6,666,711 units for aggregate gross proceeds of CAD 2,000,013. The company paid finders' fees to certain eligible persons. The finders' fees were comprised of an aggregate of 115,428 non-transferable finders' warrants representing 7.0% of the units subscribed for by subscribers referred by the finders; and a cash payment in the aggregate amount of CAD 34,710, representing 7.0% of the gross proceeds raised from subscribers referred by the Finders. Each finder Warrant is exercisable for one common share at a price of CAD 0.30 per common share for a period of 24 months from the date of issue. Insiders of the Company purchased or acquired direction or control over a total of 1,576,511 units as part of the transaction. The transaction included participation from 41 placees including pro-group involvement of 3 placees for 248,333 shares and insiders Hamed Shahbazi of Impactreneur Capital Corp. for 83,333 shares, Sean Cleary for 83,335 shares, Simon Dealy for 83,333 shares, Jonson Sun of GICMB Venture Corp. I for 1,459,667 shares. The company paid finder's fee of CAD 18,550 in cash and 61,844 finder's warrants to First Republic Capital Corp., of CAD 4,991.07 in cash and 16,637 finder's warrants payable to Canaccord Genuity Corp., of CAD 4,200 in cash and 14,000 finder's warrants payable to Research Capital Corp., of CAD 25,200 in cash and 84,000 finder's warrants payable to PI Financial Corp., of CAD 3,500 in cash and 11,667 finder's warrants payable to IA Private Wealth Inc., of CAD 1,365 in cash and 4,550 finder's warrants payable to RBC Dominion Securities. Each finder's warrant will be exercisable for one common share in the capital of the company at an exercise price of 30 cents until Aug. 27, 2023.