On June 7, 2018, Nzuri Copper Limited (ASX:NZC) closed the transaction. The company issued 3,473,689 shares for the gross proceeds of AUD 885,790.695 its third and final tranche. The company issued a total of 12,026,380 shares for the gross proceeds of AUD 3,066,726.9. The transaction included participation from sophisticated and professional investors.