On August 30, 2022, Venzee Technologies Inc. closed the transaction. The company announced that it has received CAD 102,000 in its second and final tranche closing, bringing the total gross proceeds raised in the transaction so far to CAD 277,000. In total, the company paid finder's fee to certain registered brokerage firms, which was comprised of cash payment of CAD 18,000 and the issuance of 360,000 finders' warrants.

The TSX Venture Exchange has accepted for filing documentation with respect to the transaction. The transaction included participation from seven placees.