On September 8, 2023, Zonetail Inc. closed the transaction. The company issued 7,142,950 common shares at an issue price of CAD 0.02 per unit for the gross proceeds of CAD 142,859 in the second and final tranche. The company has received CAD 274,859 in the transaction.

On December 14, 2023 the company announced that the transaction included participation from nine placees and two from professional groups for 1.75 million.