White Metal Resources Corp. (TSXV:WHM) entered into an agreement to acquire Seagull Lake palladium-platinum property in Ontario, Canada from Rainy Mountain Royalty Corp (TSXV:RMO) and Canadian International Pharma Corp. (TSXV:CIP.H) for CAD 0.01 million on March 12, 2019. Out of total consideration, White Metal will issue 0.2 million common shares to Canadian International Pharma and 0.15 million common shares to Rainy Mountain Royalty on TSX approval. White Metal will also have the right to purchase the outstanding net smelter return royalties ("NSR"): 0.4% of the NSR controlled by Canadian International Pharma for CAD 0.6 million and 0.3% of the NSR controlled by Rainy Mountain Royalty for CAD 0.45 million.

White Metal Resources Corp. (TSXV:WHM) completed the acquisition of Seagull Lake palladium-platinum property in Ontario, Canada from Rainy Mountain Royalty Corp (TSXV:RMO) and Canadian International Pharma Corp. (TSXV:CIP.H) on March 20, 2019.