On December 29, 2023, Zonetail Inc., closed the transaction. The company has issued 2,500,025 shares at a price of CAD 0.02 for gross proceeds o CAD 50,000.5 in its fourth and final tranche closing. The company ahs issued total 22,269,925 common shares at an issue price of CAD 0.02 per share for gross proceeds of CAD 445,398.5 in the transaction. The transaction included participation from Mark Holmes for acquiring an aggregate of 500,000 common shares for aggregate proceeds of CAD 10,000, bringing his total participation in the offering to 2 million common shares.

The TSX Venture Exchange has accepted for filing documentation with respect to the transaction. The transaction included participation from nine placees, 1 existing insider for 2,000,000 shares and 1 pro group for 1,250,000 shares. The company has paid finder's fees of CAD 4,800 in cash and issued 240,000 finder's warrants.