RTG Increases Its Interest IN and Secures Control of the Panguna Landowners’ Joint Venture Partner Announcement to the Toronto Stock Exchange and Australian Stock Exchange

NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR FOR

DISSEMINATION IN THE UNITED STATES

RTG INCREASES ITS INTEREST IN AND SECURES CONTROL OF THE

PANGUNA LANDOWNERS’ JOINT VENTURE PARTNER

ANNOUNCEMENT TO THE TORONTO STOCK EXCHANGE

AND AUSTRALIAN STOCK EXCHANGE

19 JULY 2018

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

RTG) is pleased to announce , following continued strong progress by the landowners

at the old Panguna Mine, uniting behind the redevelopment proposal for Panguna with

RTG Mining Inc., the Company has acquired a further interest in Central Exploration

Pty Ltd (“Central”) and converted further loans to increase its interest to just under 70%

of Central.

As announced previously, Central is the joint venture partner of the Special Mining

Lease Osikaiyang Landowners Association Inc. (“ SMLOLA”), being the association

incorporated to represent the owners of the minerals at the old Panguna Mine. The

joint venture is held through Central Me’ekamui Exploration Limited who has applied

for an exploration licence over the customary land of the SMLOLA members, bein g the

old Panguna Mine. The SMLOLA has nominated RTG as their development partner for

Panguna.

RTG has acquired an additional indirect interest in Central through the acquisition of all

the shares in A2V Mining Inc. (“A2V”) from APAC Gold (UK) Holdings Limited (interests

represented by Mr. Richard Hains, one of RTG’s major shareholders) for a cash

consideration of US$500,000. The acquisition of A2V entitles RTG to take on both the

assets and liabilities of A2V , which provided funding for the activities of Central in the

past, to earn its 32% interest (prior to conversion of the RTG loans) , being the largest

shareholder in Central.

RTG has also provided further loan funding of US$ 2.5m to Central which has been

converted into additional Central shares taking RTG’s current combined interest in

Central to just under 70% of the total issued capital of Central.

The SMLOLA members have made significant progress delivering the unity amongst

members requested by The Autonomous Bougainville President Honourable Chief Dr

John Momis, with the most re cent written petition demonstrating around 90% of the

available titleholders (as prepared by Bougainville Copper Limited (“BCL”), which will

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be reviewed under an extensive social mapping program if the landowner consortium is

successful in securing an exploration licence) supporting both the leadership of the

SMLOLA and the Landowner led redevelopment proposal with RTG.

The SMLOLA continue to work closely with the Autonomous Bougainville Government

to develop a proposal for the redevelopment of Panguna, free of all legacy-issues, that

will have broad support of not only its members but importantly all Bougainvilleans,

and which will deliver a strong and successful future for Bougainville.

The degree of unity achieved by the Panguna Landowners has exceeded expectations

and provides a good foundation to build upon for the delivery of a social licence for the

successful development of Panguna.

ABOUT RTG MINING INC

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

Toronto Stock Exchange and Australian Securities Exchange Limited. RTG is focused

on a proposal with a landowner lead consortium to secure an exploration licence at the

high tonnage copper -gold Panguna Project in Bo ugainville PNG and the high grade

copper/gold/magnetite Mabilo Project in the Philippines, while also identifying major new

projects which will allow the Company to move quickly and safely to production.

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

in five different countries, including being responsible for the development of the

Masbate Gold Mine in the Philippines through CGA Mining Limited, and has B2Gold as

one of its major shareholders in the Company. B2Gold is a mem ber of both the

S&P/TSX Global Gold and Global Mining Indices.

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]

CAUTIONARY NOTE STATEMENT

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

Canadian and applicable securities legislation. Statement regarding interpretation of

exploration results, plans for further exploration and accuracy of mineral resource and

mineral reserve estimates and related assumptions and inherent operating risks, are

forward-looking statements. 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

events could d iffer 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

currency 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

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return; the n eed 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 disclosed under the heading “Risk Factors” in RTG’s

Annual Information Form for the year ended 31 December 2017 filed with the Canadian

securities regul atory authorities on the SEDAR website at 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.

US SECURITIES LAWS

This news release shall not constitute an off er to sell or a solicitation of an offer to buy

any of the Company’s securities in the United States. The securities have not been and

will not be registered under the United States Securities Act of 1933, as amended (the

“U.S. Securities Act”), or any state securities laws, and accordingly, may not be offered

or sold within the United States except in compliance with the registration requirements

of the U.S. Securities Act and applicable state securities requirements or pursuant to

exemptions therefrom.