On May 14, 2021, Spot Coffee (Canada) Ltd. (TSXV:SPP) closed the transaction. The company issued 9,100,600 units for aggregate gross proceeds of CAD 455,030. The transaction included participation from six placees including Bourgnine Holdings Ltd for 1,300,000 units. All securities issued are subject to a statutory four-month hold period in accordance with applicable securities laws, which expires on September 15, 2021. The TSX Venture Exchange has accepted for filing documentation with respect to the transaction.