On April 3, 2023, Organto Foods Inc. closed the transaction. The company raised CAD 500,000 in its third and final tranche for an aggregate gross proceeds of CAD 1,033,000, and net proceeds of CAD 990,487 after fees and related costs. The debenture will mature in December 2024.

In addition, 106,600 broker warrants were issued with an exercise price of CAD 0.30 and a term of two years.