Rafaella Resources Limited announced that it has completed the acquisition of Galicia Tin and Tungsten SL, the 100% owner of the Santa Comba tungsten project in Galicia, northwest Spain. With the Acquisition now completed, Steven Turner has joined the Board as Managing Director and Robert Wrixon as Executive Director. Graham Durtanovich has resigned from the Board with effect from August 27, 2019 and Peter Hatfull, existing Non-Executive Director, has assumed the position of Non-Executive Chairman.

Steven Turner brings over 25 years of experience in the resource sector, having held senior roles in both industry and investment banking. During his career Steven has been based in London, Aberdeen, Singapore, Brisbane and Madrid. Steven has raised significant capital for the development of resource projects, including equity, public bonds and project finance.

Most recently Steven was head of business development at a private mining group, having been instrumental in the successful growth of the company from a junior to mid-tier Australian base metal operator. Robert Wrixon is the currently a Director of the mining venture capital group Starboard Global Limited and has 20 years of experience in corporate strategy, commodities marketing, mining M&A and mineral exploration management. He has previously run two listed resources companies in Australia, and prior to that spent five years in corporate strategy for Xstrata plc based in Sydney and London.