Chemaf Resources Limited (CRL or Company) as parent company of Chemaf SA advises that the proposed sale of the Company to Norin Mining Limited (Norin Mining) announced in late June 2024 did not receive the necessary DRC Government approvals to complete the transaction. As a result, following agreement between CRL and Norin Mining, the proposed transaction lapsed on 22 March 2025 as per the terms of the Share Purchase Agreement.
Accordingly, a notice of reopening the international call for tenders has been issued and Chemaf is actively engaging with relevant DRC authorities to reach mutual agreement on alternative paths to realise value for all stakeholders.

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For further information, please contact investor@chemaf.com.