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RTG Files June 2020 Quarterly Activities Report to the ASX Announcement to the Toronto Stock Exchange

Financials

RTG FILES JUNE 2020 QUARTERLY ACTIVITIES REPORT TO THE ASX

ANNOUNCEMENT TO THE TORONTO STOCK EXCHANGE

31 JULY 2020

The Board of RTG Mining Inc. (“RTG”, “the Company”) ( ASX:RTG, TSX:RTG)

announces that the Company has filed the June 2020 Quarterly Activities Report (“the

Report”) to the ASX as required under ASX listing rules.

The Report can be found on the RTG Mining website ( www.rtgmining.com) and on

the ASX, under announcements (www.asx.com.au).

ABOUT RTG MINING INC

RTG Mining Inc. is a mining and exploration company listed on the main board of the

Toronto Stock Exchange and the Australian Securities Exchange . RTG is currently

focused primarily on progres sing the Mabilo Project to start -up having recently

received a mining permit for the Project, with a view to moving quickly and safely to a

producing gold and copper company.

RTG also has a number of exciting new opportunities including the Panguna Projec t

in Bougainville, which it remains committed to but during these uncertain times the

primary focus is on advancing the Mabilo Project.

RTG has an experienced management team which has to date developed seven

mines in five different countries, including b eing responsible for the development of

the Masbate Gold Mine in the Philippines through CGA Mining Limited . RTG has

some of the most respected international institutional investors as shareholders

including Franklin Templeton, Equinox Partners and Sun Valley.

ENQUIRIES

Australian Contact US Contact

President & CEO – Justine Magee Investor Relations – Jaime Wells

Tel: +61 8 6489 2900 +1 970 640 0611

Fax: +61 8 6489 2920

Email: [email protected] [email protected]

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CAUTIONARY NOTE STATEMENT

The Toronto Stock Exchange has not reviewed nor does it accept responsibility for

the accuracy or adequacy of this press release, which has been prepared by

management.

This announcement includes certain “forward -looking statements” within the meaning

of Canadian securities legislation including, among others, statements made or

implied relating t o the interpretation of exploration results, accuracy of mineral

resource and mineral reserve estimates, parameters and assumptions used to

estimate mineral reserves and mineral resources, realization of mineral reserve and

mineral resource estimates, esti mated economic results of the Mabilo Project, future

operational and financial results, including estimated cashflow and the timing thereof,

estimated expenditures, expansion, exploration and development activities and the

timing thereof, including expectations regarding the DSO, plans for progressing Stage

2 development, completion of a debt funding package, the negotiation of contracts for

start up works and offtake arrangements and the completion of merged

documentation, RTG’s objectives, strategies to a chieve those objectives, RTG’s

beliefs, plans, estimates and intentions, and similar statements concerning anticipated

future events, results, circumstances, performance or expectations. All statements,

other than statements of historical fact, included he rein, are forward -looking

statements. Forward looking statements generally can be identified by words such as

“objective”, “may”, “will”, “expected”, “likely”, “intend”, “estimate”, “anticipate”,

“believe”, “should”, “plans”, or similar expressions suggest ing future outcomes or

events. Forward -looking statements involve various risks and uncertainties and are

based on certain factors and assumptions. There can be no assurance that such

statements will prove to be accurate, and actual results and future even ts could differ

materially from those anticipated in such statements. Important factors that could

cause actual results to differ materially from RTG’s expectations include uncertainties

related to fluctuations in gold and other commodity prices and curren cy exchange

rates; uncertainties relating to interpretation of drill results and the geology, continuity

and grade of mineral deposits; uncertainty of estimates of capital and operating costs,

recovery rates, production estimates and estimated economic ret urn; the need for

cooperation of government agencies in the development of RTG’s mineral projects;

the need to obtain additional financing to develop RTG’s mineral projects; the

possibility of delay in development programs or in construction projects and

uncertainty of meeting anticipated program milestones for RTG’s mineral projects and

other risks and uncertainties as discussed in RTG’s annual report for the year ended

December 31, 2019 and detailed from time to time in our other filings with the

Canadian securities regulatory authorities available at www.sedar.com. The forward ‐

looking statements made in this announcement relate only to events as of the date on

which the statements are made. RTG will not release publicly any revisions or

updates to these forward ‐looking statements to reflect events, circumstances or

unanticipated events occurring after the date of this announcement except as

required by law or by any appropriate regulatory authority.