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RMO.V ·

Rainy Mountain Grants Stock Options

Management Changes Share Capital & Compensation

Trading symbols: TSX-V: RMO

News Release No. 12-06

Rainy Mountain Grants Stock Options

West Vancouver, British Columbia – July 24, 2012 – In connection with the recent appointment of Andrzej Kowalski as a director of Rainy Mountain Royalty Corp. (the “Company”), the Company is pleased to announce that it has granted 75,000 incentive stock options to Mr. Kowalski at an exercise price of $0.10 per share for a term of 5 years.

For further information, contact Mr. Clive Shallow, Shareholder Communications, at 604-922 2030, or visit the Company’s website at www.rmroyalty.com

RAINY MOUNTAIN ROYALTY CORP.

“Douglas L. Mason”

_________________________________ Douglas L. Mason, Chief Executive Officer

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

2489 Bellevue Avenue, West Vancouver, BC V7V 1E1 Tel 604 922 2030 Fax 604 922 2037