On August 30, 2019, Cautivo Mining Inc. (CNSX:CAI) closed the transaction. The company issued 19,900,499 shares at issue price of CAD 0.10 per share for gross proceeds of CAD 1,990,049.9. The transaction included participation from Arias Resource Capital Fund II L.P. for 18,832,023 common shares for gross proceeds of CAD 1,883,202.3 and Arias Resource Capital Fund II (Mexico) L.P for 1,068,476 common shares for gross proceeds of CAD 106,847.6, funds managed by Arias Resource Capital Management LP.