On April 6, 2023, Till Capital Corporation closed the transaction. The convertible note will mature on April 6, 2024. The convertible note and any shares issued in payment of the principal amount thereof will be subject to a resale restriction ending August 7, 2023. Any shares issued in payment of interest will be subject to a four-month resale restriction from their date of issuance.

The TSX Venture Exchange has accepted for filing documentation with respect to the non-brokered private placement. The transaction included participation from one placee.