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Rafaella Resources hails Canada battery metals acquisition at 'very attractive price'

Rafaella Resources hails Canada battery metals acquisition at 'very attractive price'

Rafaella Resources Ltd (ASX:RFR) managing director Steven Turner joins Proactive London to talk through the company's purchase of the Lake Horden battery metals project in Quebec for C$4mln.

Even though very few deposits of such scale are available on the market, he said, "we've been able to do it at, we think, a very very attractive price".

He explains the unusual history of the project, how the company came to do the deal and what the main focus of the company will be in the coming months.