On August 19, 2019, CellCube Energy Storage Systems Inc. (CNSX:CUBE) closed the transaction. The company has received a 3,748,335 units at a price of CAD 0.06 per unit for gross proceeds of CAD 224,900.10. Each warrant issued entitles the holder to purchase one common share of the company at CAD 0.08 on or before August 16, 2024. The securities issued are subject to a hold period expiring on December 17, 2019.