Rt Minerals Corp. Closes Private Placement and Completes Norwalk Property Option Payment

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NEWS RELEASE

RT MINERALS CORP. CLOSES PRIVATE PLACEMENT AND COMPLETES NORWALK PROPERTY OPTION

PAYMENT

Vancouver, B.C. – December 19, 201 9 – RT Minerals Corp. (TSX.V: RTM) (OTC Pink: RTMF D) (the

“Company”) announces that, further to its news release of October 8, 2019, the Company has closed a

non-brokered private placement (the “Offering”) to raise gross proceeds of $135,030 through the sale of

4,501,000 units priced at $0.03 (the “Units”). Each Unit consists of one common share and on e half of a

share purchase warrant, with each whole warrant exercisable into one further common share at a price

of $0.05 for a term of one year. All securities issued in the Offering are subject to a four month hold

period expiring April 20, 2020. No finder’s fees were paid.

The proceeds from the Offering will be used to pay $48,700 in related party salaries, expenses and loans,

$22,500 for the cash payment of the Company’s option on the Norwalk gold property in Wawa, Ontario ,

and $63,830 for trade payables and working capital.

Donald M. Clark, the Chairman, President, CEO and a director of the Company, subscribed for a total of

2,907,300 Units in the Offering. Mr. Clark is considered a “related party” within the meaning of

Multilateral Instrument 61-101 Protection of Minority Security Holders in Special Transactions (“MI 61 -

101”) and the Offering is therefore considered to be a “related party transaction” within the meaning of

MI 61-101. The Offering, however, is exempt from the valuation requireme nt of MI 61-101 by virtue of

the exemption contained in section 5.5(b) as the Company’s shares are not listed on a specified market

and from the minority shareholder approval requirements of MI 61 -101 by virtue of the exemption

contained in section 5.7( b) of MI 61 -101 in that the fair market value of the consideration of the units

issued to the related party did not exceed $2,500,000.

Norwalk Property Option Payment

Further to the Company’s news release s of October 3, 2019 and October 8, 2019 and the bulletin dated

October 5, 2016, the Company has completed an option payment of $22,500 cash and the issuance of

400,000 common shares to the vendors of the Norwalk gold property . The final option payment of

$22,500 to earn 100% interest in the property, subject to a 2% net smelter return royalty, is due on or

before March 31, 2020.

For more information on the Company and its properties, please visit the Company’s website at

www.rtmcorp.com.

FOR FURTHER INFORMATION CONTACT:

Donald (Dan) M. Clark

Chairman, President and Chief Executive Officer

RT Minerals Corp.

Telephone: 604-681-3170

Fax: 604-681-3552

Neither the TSX Venture Exchange nor its Regulation Service Provider (as the term is defined in the policies of the TSX Venture

Exchange) accepts responsibility for the adequacy of accuracy of this news release.