2244182 Ontario Inc. announced that it expects to receive not less than CAD 3,500,000 in funding on April 17, 2012. The company has entered into a letter of intent for the transaction. The company will issue not less than 17,500,000 shares at not less than CAD 0.20 per share. Finder's fees may be payable in connection with the financing.

On August 30, 2012, the company entered into definitive share agreement. The company will now issue 17,553,450 subscription receipts for gross proceeds of CAD 3,510,690. Each subscription receipt will automatically be exercised into one share for no additional consideration. In the event that the final exchange bulletin is not received by October 31, 2012, the proceeds from the sale of the subscription receipts will be returned to the subscribers. The financing will be non-brokered, however, the company may pay finder's fees in accordance with the rules and policies of the exchange.

On October 30, 2012, the company announced that it has amended the terms of the transaction. The company will issue 17,647,059 subscription receipts at CAD 0.17 per unit for gross proceeds CAD 3,000,000. The company has also determined to extend the deadline for the receipt of the final exchange bulletin and the conversion of the subscription receipts to January 14, 2013. The transaction is expected to close the transaction on or about November 9, 2012.

On November 15, 2012, the company issued 294,117 subscription receipts for gross proceeds of CAD 50,000 to one investor of the United States of America pursuant to Regulation D. The conversion was given in filing dated January 8, 2013.

On January 8, 2013, 2244182 Ontario Inc. closed the transaction. The company issued 17,647,500 subscription receipts for gross proceeds of gross proceeds of CAD 3,000,075. The transaction closed in two tranches on November 15, 2012 and November 22, 2012, respectively and included participation from 52 placees. David Greifenberger subscribed for 290,000 receipts, David Goguen subscribed for 117,647 receipts, Christopher Syme subscribed for 120,000 receipts, and ABC Capital Management Inc., an entity owned by Bardya Ziaian subscribed for 200,000 receipts, and 2263094 Ontario Inc., an entity owned by Marilia Bento subscribed for 120,000 receipts in the transaction. The company paid finder's fee of CAD 14,123 and issued 78,073 finders' warrants in the transaction. Canaccord Genuity Corp. received CAD 8,384.40 in cash and 44,905 finder's warrants, NBCN Inc. received CAD 4,938.50 in cash and received 29,050 finder's warrants, and 0846811 B.C. Ltd. received CAD 4,938.50 in cash and received 29,050 finder's warrants as finder's fee. Each finder's warrant is exercisable into one share at CAD 0.20 per share until one year from the dates of issuance.