Nzuri Copper Limited announced that following the receipt of shareholder approvals at the general meeting held on 25 January 2018, the second tranche of the previously announced AUD 10 million cornerstone investment from Huayou Cobalt has now been completed. In conjunction with the completion of the investment, the company also announced the appointment of Mr. Hongliang Chen as a non-executive director of the company. Mr. Chen's appointment will take effect from 1 February 2018. Mr. Chen is a nominee of the Huayou Cobalt Group, which he joined in May 2002, and is currently serving as both the director and general manager of Zhejiang Huayou Cobalt Co. Ltd. and the executive director of Huayou International Mining (Hong Kong) Limited. Previously, Mr. Chen has worked at the Tongxiang Branch of Agricultural Bank of China, Tongxiang Securities Department of Zhejiang Trust and Investment Corporation of Agricultural Bank of China, Tongxiang Branch of Shenyin & Wanguo Securities Co. Lt and the Tongxiang Huaxin Chemical Factory. Mr. Chen has also served as a non-executive Director of AVZ Minerals Limited since August 2017.