Copelmi Mineracao Ltda. entered into a purchase and sale of shares agreement to acquire the remaining 30% stake in Seival Sul Mineração S.A., and a property with 200 hectares from Eneva S.A. (BOVESPA:ENEV3) for BRL 21 million on February 25, 2019. Copelmi will pay BRL 18 million for acquiring the remaining 30% stake in Seival Sul Mineração and BRL 3 million for the property. As on April 15, 2020, BRL 5.2 million was received. The remaining price will be made until September 30, 2020. as per the terms of agreement. Upon completion of the transaction, Copelmi will become the sole shareholder of Seival Sul Mineração. The transaction is subject to the fulfillment of certain conditions precedent, such as the approval by the Administrative Council for Economic Defense (CADE), the prior assent of the National Defense Council (CDN) and previous approvals by financiers under the financing agreements of Seival Sul Mining. As of May 21, 2019, the acquisition of 30% stake in Seival Sul Mineração S.A., has been approved by CADE in Brazil.