Insiders back US$1.5M Zazu financing

Zazu Metals Corp. May 8 reported completion of the final tranche of a US$1,497,800 million non-brokered private placement financing.

In a second tranche, Zazu sold more than 3.46 million common shares of the company at US20 cents each for gross proceeds of US$692,800.

Zebra Holdings and Investments S.a.r.l., a company controlled by a trust settled by the late Adolf H. Lundin, purchased more than 2...