Red Hut Consolidates its Share Capital

July 26, 2015 Trading Symbol: ROB

News Release

Red Hut Consolidates its Share Capital

Vancouver, British Columbia – Further to its news release of July 11, 2016, Red Hut Metals Inc. (TSXV:ROB) (“Red Hut” or the “Company”) announces that effective at the opening of trading on Tuesday, July 26, 2016 (the “Effective Date”), the shares of the Company will commence trading on the TSX Venture Exchange on a consolidated basis. Having received regulatory acceptance for the share consolidation on the basis of every two shares of the Company being consolidated to one share, on the Effective Date, the Company will have approximately 6,950,001 common shares issued and outstanding, subject to adjustment for fractional shares.

The name of the Company has not been changed, and the trading symbol remains as “ROB”. A new CUSIP number has been issued, being 756602 20 7. The Company will be sending out a Notice to its shareholders with respect to the consolidated share capital.

ON BEHALF OF THE BOARD

Signed “Robert Eadie”

Robert Eadie, President, Chief Executive Officer and Director

FOR FURTHER INFORMATION PLEASE CONTACT:

Telephone: 1-604-602-4935 Facsimile: 1-604-602-4936 Website: www.redhutmetals.com 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.

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