Red Hut Metals Announces Listing on the Frankfurt Stock Exchange

News Release

May 2, 2016 TSX:V Symbol: ROB Frankfurt Symbol: 7RH

Red Hut Metals Announces Listing on the Frankfurt Stock Exchange

Vancouver, British Columbia – Vancouver, British Columbia – Red Hut Metals (TSX.V: ROB) (“Red Hut” or the “Company”) is pleased to announce the listing of its common shares for trading on the Frankfurt Stock Exchange under the Symbol “7RH”. Red Hut’s International Securities Identification Number is: CA7566021084.

The Frankfurt Stock Exchange is one of the world’s largest trading centers for securities, with a share turnover of more than 85 per cent; it is the largest of Germany’s seven stock exchanges. This European listing will help to increase the Company's trading liquidity and facilitate investment by European investors.

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 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

• 2 -

Disclaimer for Forward-Looking Information

“This press release contains “forward-looking information” and “forward-looking statements” within the meaning of applicable securities laws.

This information and statements address future activities, events, plans, developments and projections. All statements, other than statements of

historical fact, constitute forward-looking statements or forward-looking information. Such forward-looking information and statements are

frequently identified by words such as “may,” “will,” “should,” “anticipate,” “plan,” “expect,” “believe,” “estimate,” “intend” and similar

terminology, and reflect assumptions, estimates, opinions and analysis made by management of Red Hut in light of its experience, current

conditions, expectations of future developments and other factors which it believes to be reasonable and relevant. Forward-looking information

and statements involve known and unknown risks and uncertainties that may cause Red hut’s actual results, performance and achievements to

differ materially from those expressed or implied by the forward-looking information and statements and accordingly, undue reliance should not

be placed thereon.