Rt Minerals Corp. Closes Financing
300 - 555 W est Georgia Street, Randall Building, Vancouver, BC V6B 1Z6 T (604)681-3170, F (604)681-3552, I N F O@ R T M C O R P. C O M W W W . R T M C O R P. C O M
NEWS RELEASE
RT MINERALS CORP. CLOSES FINANCING
Vancouver, B.C. – April 2, 2015 ‐ RT Minerals Corp. (TSX.V: RTM) (the “Company”) announces that further to its news releases of February 23, 2015 and March 4, 2015, the Company has closed a private placement of 15,338,181 units at a price of $0.015 per unit, pursuant to a discretionary waiver of the $0.05 minimum pricing requirement granted by the TSX Venture Exchange, for total proceeds of $230,073. Each unit consists of one common share and one half of a warrant, with each whole warrant exercisable into a further common share at a price of $0.05 for a term of two years. Insiders purchased 3,154,732 units.
Participants of the placement include Zimtu Capital Corp. (“Zimtu”), who purchased 1,666,666 units. Zimtu is a publicly held investment issuer and they have been an active company builder of private, micro‐ and small‐cap resource companies for over a decade.
RT Minerals President Paul Antoniazzi states: “Building a strategic relationship between RT Minerals and Zimtu is positive as Zimtu's experience and far‐reaching connections will strengthen our ability in building greater exposure for our developments as well as access to capital”.
Proceeds from the sale of units will be used to pay outstanding accounts payable and for general working capital.
All securities issued pursuant to the private placement are subject to a hold period expiring August 3, 2015.
About RT Minerals Corp.
RT Minerals Corp. is a junior resource company engaged in the acquisition and evaluation of gold and base metal mineral properties in Canada. The Company holds 100% interest, subject to retained royalty, in the Golden Stock gold property located in the Cairo Township, Matachewan, Ontario, and the Bazooka and McWatters gold properties located near Rouyn Noranda, Quebec. On February 6, 2015, the Company announced that it has settled the principal terms of a purchase and sale agreement with Lakeland Resources Inc. for the Company to acquire a 100% interest in the Ballard Lake gold property located approximately 50 km northeast of Wawa, Ontario. The transaction is subject to regulatory filings and acceptance, and is expected to close on or before April 30, 2015.
FOR FURTHER INFORMATION CONTACT:
Paul Antoniazzi President and Chief Executive Officer Tel: (604) 681‐3170 Fax: (604) 681‐3552 Website: www.rtmcorp.com __________________
Neither the TSX Venture Exchange nor its Regulation Service Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
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