Rafaella Resources Limited (ASX:RFR) signed a binding agreement to acquire 100% stake in Alotta and Lorraine PGM-Ni-Cu projects located in Quebec, Canada from Chase Mining Corporation Limited (ASX:CML) for AUD 0.45 million on May 24, 2022. The consideration consists of 8,333,333 new fully paid ordinary shares in Rafaella (subject to 6 months voluntary escrow) and AUD 0.1 million in cash.

Rafaella Resources Limited (ASX:RFR) completed the acquisition of Alotta and Lorraine PGM-Ni-Cu projects located in Quebec, Canada from Chase Mining Corporation Limited (ASX:CML) on May 25, 2022.