Cautivo Mining Inc. (CNSX:CAI) announced non-brokered private placement of approximately 20,000,000 common shares for gross proceeds of CAD 1,900,000 on August 14, 2019. The transaction will include participation from existing investors Arias Resource Capital Fund II L.P. and Arias Resource Capital Fund II (Mexico) L.P, together, known as ARC Fund II, both fund managed by Arias Resource Capital Management LP. If the offering is completed ARC Fund II ownership will increase from around 81% to approximately 92% of the issued and outstanding common shares. The shares issued in the offering are subject to a hold period. The transaction is expected to close prior to the end of August. The transaction is subjected to regulatory approval.