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RMO.V ·

Frankfort: EK7N-77 Rainy Mountain Grants Stock Options

Share Capital & Compensation

News Release No. 17-16

Trading symbol: TSX-V: RMO Frankfort: EK7N-77

Rainy Mountain Grants Stock Options

West Vancouver, British Columbia, May 19, 2017 – Rainy Mountain Royalty Corp. (the “Company”) announces that in accordance with the terms of the Company’s stock option plan, the Company has granted 735,000 incentive stock options to certain independent Consultants, at an exercise price of $0.115 per share for a term of one year. The Consultants have been engaged to assist the Company with future financing and strategic corporate matters.

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, President & CEO

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