Red Hut Announces Name Change New President Appointed

July 11, 2017 TSXV Symbol: ROB

Red Hut Announces Name Change

New President Appointed

Vancouver, British Columbia , July 11, 2017 – Red Hut Metals Inc. (TSX -V: ROB) (“ Red Hut ”)

announces that effective July 12, 2017, the name of the Company will change to “ Providence Gold

Mines Inc.” (“Providence Gold”), a name which appropriately reflects the Company’s new focus on its

primary property, the Providence Gold Mines in Tuolumne County, California. ( See press release of

June 16, 2017.)

Effective at the opening on July 12, 2017, the common shares of the Company will commence trading on

the TSX Venture Exchange under the new name “Providence Gold Mines Inc.” (CUSIP number

743754103; ISIN CA7437541039 ) with trading symbol “ PHD”, and the common shares of Red Hut

Metals Inc. will be delisted. Providence Gold is classified as a “Mineral Exploration/Development

Company.”

The Company also announces that Ronald Allan Coombes has been appointed a director of the Company,

and assumes the position of President & CEO. Robert Eadie will continue as Chairman and a director of

Providence Gold.

About Ronald Coombes: Mr. Coombes is an experienced mining entrepreneur. He has been involved

in mineral exploration and junior exploration company management for over 20 years, and has raised

significant funding at home and internationally for various projects, including the Storie molybdenum

deposit near Cassiar in northern British Columbia. Mr. Coombes has been responsible for the acquisition,

exploration and development of several potentially significant VMS copper targets at the Marshal l Lake

and Norton Lake properties located in Ontario, Canada, and as well on numerous other explora tion

properties in Canada, USA and Mexico working closely with all levels of management and personnel. He

is currently a director of Lincoln Mining Corp. which is currently developing the Ora Cruz and Pine

Grove Gold bearing properties in California and Nevada.

About the Property

The Providence Group of Mines is located in the Summerville Mining District, Tuolumne County,

California, upon the eastern belt of the “Mother Lode” District. A number of high grade , well known

Motherlode gold mines are found within this belt. The Property has a rich history of gold mineralization.

An NI 43 -101 compliant report entitled Technical Report on the Providence Gold Mines Property,

Suite 750, 580 Hornby Street, Box 113, Vancouver, British Columbia, Canada V6C 3B6

Telephone: (604) 602-4935  Fax: (604) 602-4936  E-mail: [email protected]  Website: www.redhutmetals.com

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Tuolumne County, California” dated April 24, 2017 by John P. Kowalchuk, BSc., P. Geo. can be viewed

on SEDAR and on the Company’s website at www.redhutmetals.com

ON BEHALF OF THE BOARD

Signed “Robert Eadie”

Robert Eadie, Chairman and Director

FOR FURTHER INFORMATION PLEASE CONTACT:

Telephone: 1-604-602-4935

Facsimile: 1-604-602-4936

Contact: Robert Eadie

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.