On September 20, 2022, Dominion Water Reserves Corp. closed the transaction. The company amended the terms of the transaction.

The company issued a total of 33,350 units for aggregate gross proceeds of CAD 3,335,000. On the same date, the company received its second and final tranche through the issuance of 30,000 units for aggregate gross proceeds of CAD 3,000,000. .

Each warrant issued under the second tranche entitles the holder to purchase one additional share for a period of 24 months from the closing date at an exercise price of CAD 0.08 per share. The exercise price of each warrant has been decreased from CAD 0.10 to CAD 0.08. The transaction is subject to the final approval of the Canadian Securities Exchange.