Cautivo Mining Inc. (CNSX:CAI) has announced a non-brokered private placement of 9,387,143 common shares at a price of CAD 0.14 per share for gross proceeds of CAD 1,314,200 on December 18, 2019. The transaction will inlcude participation from existing investor Arias Resource Capital Fund II L.P. and Arias Resource Capital Fund II (Mexico) L.P, funds managed by Arias Resource Capital Management LP. After the closing of the transaction, investor's stake will increase from 92% to 93% of the issued and outstanding common shares of the company. The transaction is expected to close prior to the end of December. The transaction is subject to a regulatory approval. The securities issued are subject to a hold period.