Metals Acquisition Corp. (NYSE:MTAL) has continued to add to the committed financing for its combination with Glencore’s (LON:GLEN) CSA Copper Mine, announcing this afternoon that it has executed $26 million in PIPE agreements.

The PIPE is priced at $10 per share and comes from a number of large, global natural resource funds.

In addition, the SPAC disclosed that its Chair of the Board of Directors, Neville Power, entered into a subscription agreement with an aggregate purchase price of $500,000.

Today’s additional agreements bring the PIPE to approximately $140 million, surpassing the company’s initial fundraising target of $126 million.

Less than a month ago, Metals executed approximately $114 million in PIPE agreements anchored mainly by global resource funds. The SPAC’s management team subscribed for $1.8 million with its CEO Michael James McMullen taking the bulk of this on with a $1.5 million investment while CFO Marthinus Crouse subscribed for $250,000 and Director Patrice Ellen Merrin for $50,000.

The company also disclosed today that the SEC has declared its registration statement on Form F-4 effective. Metals now intends to hold its special meeting for shareholders on June 5 to vote on its business combination. The deal is expected to close shortly after shareholder approval at the meeting, subject to the satisfaction of other customary closing conditions.

Metals announced its $1.1 billion transaction with CSA Copper Mine in March 2022. Glencore’s CSA copper and silver mine is among the Australia’s largest, having exploited about 41,000 metric tons of copper in 2021.