Rainy Mountain Royalty Announces New CFO and Corporate Secretary

RAINY MOUNTAIN ROYALTY CORP.

(TSXV: RMO) (Frankfurt: EK7N-FF)

FOR IMMEDIATE RELEASE November 12, 2021

RAINY MOUNTAIN ROYALTY ANNOUNCES NEW CFO AND CORPORATE SECRETARY

Vancouver, British Columbia (November 12, 2021) – Rainy Mountain Royalty Corp. (TSXV: RMO) (Franfurt: EK7N-FF) (“Rainy Mountain” or the “Company”) is pleased to announce that Mr. Dilshan Anthony has been appointed to the role of Chief Financial Officer and Jennifer Hanson has been appointed to the role of Corporate Secretary. Mr. Sead Hamzagic has resigned from both positions. The Company thanks Mr. Hamzagic for his service and contributions and wishes him the very best in his endeavours.

Mr. Anthony is a seasoned, organized, and responsible Chartered Professional Accountant with more than 15 years of experience in the hotel industry and has recently moved over to the mining industry.

Ms. Hanson has more than 10 years of experience serving as a Corporate Secretary for various public companies.

ON BEHALF OF THE BOARD OF DIRECTORS

For further information, contact Sean Charland at 604-681-1568, or visit the Company’s website at www.rmroyalty.com.

Rainy Mountain Royalty Corp.

“Sean Charland”

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Sean Charland, Interim Chief Executive Officer

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The information in this news release includes certain information and statements about management's view of future events, expectations, plans and prospects that constitute forward looking statements. These statements are based upon assumptions that are subject to significant risks and uncertainties. Because of these risks and uncertainties and as a result of a variety of factors, the actual results, expectations, achievements or performance may differ materially from those anticipated and indicated by these forwardlooking statements. Forward-looking statements in this news release include, but are not limited to, the effective date of the Consolidation. Any number of factors could cause actual results to differ materially fiom these forward- looking statements as well as future results. Although the Company believes that the expectations reflected in forward looking statements are reasonable, it can give no assurances that the expectations of any forward-looking statements will prove to be correct. Except as required by law, the Company disclaims any intention and assumes no obligation to update or revise any forward-looking statements to reflect actual results, whether as a result of new information, future events, changes in assumptions, changes in factors affecting such forward looking statements or otherwise. Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.