On June 26, 2020, AuStar Gold Limited (ASX:AUL) closed the transaction. The company issued 506 convertible notes for gross proceeds of AUD 50,600 and 101,010 attaching options to Amery Partners Pty. Ltd., 90 Convertible Notes and 18,000 Unlisted Options for gross proceeds of AUD 9,000 to M&C Gill Super Fund, and 2,650 Convertible Notes and 530,000 Unlisted Options for gross proceeds of AUD 264,999.90 for aggregate gross proceeds of AUD 324,599.9 in its second and final tranche closing. The transaction has been approved by the shareholders of the company in its general meeting.