On December 21, 2021, Miza III Ventures Inc. closed the transaction. The transaction included participation from 32 placees, a pro group consisting of three places for 230,000 units. The company paid aggregate finder's fees of approximately CAD 127,000 consisting of CAD 2,000 in cash to PI Financial Corp., CAD 61,631 in cash to Capitalink Ltd. and CAD 63,369 in cash to Lia Pure Capital Ltd.

On February 17, 2022, the TSX Venture Exchange has accepted for filing documentation with respect to the transaction.