Rt Minerals Corp. Announces Sale of Quebec Property Holdings
300 - 555 W est Georgia Street, Randall Building, Vancouver, BC V6B 1Z6 T (604)681-3170, F (604)681-3552, I N F O@ R T M C O R P. C O M W W W . R T M C O R P. C O M
NEWS RELEASE
RT MINERALS CORP. ANNOUNCES SALE OF QUEBEC PROPERTY HOLDINGS
Vancouver, B.C. – (August 24, 2015) ‐ RT Minerals Corp. (TSX.V: RTM) (the “Company” / “RTM”) is pleased to announce that it has executed a purchase and sale agreement (the “Agreement”) with a private arm’s length company (the “Purchaser”) for the Purchaser to a acquire 100% interest, subject to retained royalties, in the Company’s Bazooka and McWatters gold properties (the “Property”) located approximately 8 km south of Noranda, Quebec.
In order to acquire the Property, the Purchaser must pay $100,000 in cash and issue 1,000,000 common shares of the Purchaser to the Company on or before October 31, 2015. The Company will retain a 1 % net smelter royalty in the McWatters property, which the Purchaser may acquire from the Company at any time for $250,000.
The Agreement is subject to regulatory acceptance.
Following the sale of the Property, the Company will continue to hold a 100% interest, subject to retained royalty, in the Golden Stock Property in Cairo Township, Ontario, located several kilometers north east of the Young Davidson gold mine. In addition, the Company also maintains a 100% interest, subject to retained royalty, in the Ballard Lake gold property, located in Echum and Dolson Townships in the Sault Ste Marie Mining Division, Ontario.
FOR FURTHER INFORMATION CONTACT:
Paul Antoniazzi President and Chief Executive Officer Tel: (604) 681‐3170 Fax: (604) 681‐3552 Website: www.rtmcorp.com __________________
Neither the TSX Venture Exchange nor its Regulation Service Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.