On January 9, 2019, Salt Lake Potash Limited (ASX:SO4) closed the transaction. The company issued 1,702,381 shares for proceeds of AUD 715,000 in its second and final tranche closing. The company received a total of AUD 12,910,000 in the transaction. The second tranche included participation from Chief Executive Officer,Tony Swiericzuk of the company for 950,000 shares and Chairman, Ian Middlemas. for 750,000 shares.