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SALT.V ·

Red Moon Resources Inc. – Salt Expert Joins Advisory Committee of Parent Company Vulcan Minerals Inc.

Management Changes

333 Duckworth Street, St. John's, NL, A1C 1G9

Telephone: (709) 754-3186 Fax: (709) 754-3946 Email: [email protected]

www.redmoonpotash.com

News Release

September 27, 2017

Stock Symbol: TSX-V:RMK

Red Moon Resources Inc. – Salt Expert Joins Advisory Committee of Parent

Company Vulcan Minerals Inc.

St. John’s, Newfoundland and Labrador: Red Moon Resources Inc. (“the Company” - “Red

Moon” TSX-V:RMK), announces that its parent Company Vulcan Minerals Inc (TSX-V:VUL) has appointed

Mr. Rowland Howe of Ontario, Canada to its Technical Advisory Committee.

Mr. Howe is a Chartered Engineer, a qualified mining engineer and mine manager with over 35 years of

progressive leadership experience in mining operations. He started his career in the British coal industry

and moved on to Imperial Chemical Industries at their Salt Mine in the UK. Rowland moved to Canada in

1995 to take on the role as Mine Manager at the Goderich Salt Mine in Ontario owned by a major player

in the North American Salt industry. He oversaw the expansion of that mine from approximately 3.5

million ton nes per year to 7.5 million tonnes per year making it the world’s largest salt mine. Long

associated with the Ontario mining industry he also served as a board member of the Ontario Mining

Association. Rowland later worked in a strategic engineering role for his employer delivering key projects

across the company’s divisions before retiring in November 2016. He has continued in the role of

President of the Goderich Port Management Corporation while acting as an independent consultant

offering strategic and leadership services. Rowland is known as a persuasive and energetic leader of

people and an inspirational engineer.

Red Moon has access to the expertise of Vulcan’s Technical Advisory Committee which currently includes

Mr. Bob Kelly an experienced mining professional and a former Vice President of Teck Resources Limited

and Mr. Sean O’Brien a former Senior Geologist with the Geological Survey of Newfoundland and

Labrador.

Patrick Laracy, President and CEO commented “We are very pleased to attract a seasoned mining engineer

of Rowland’s experience. The fact that he has joined our team is a timely endorsement of the Captain

Cook salt project in western Newfoundland. We need the type of skills that Rowland possesses as we

advance this project through the feas ibility stage and anticipate retaining his skills on a more engaging

consultancy basis as we move this project towards production.”

Vulcan Minerals Inc. (TSX-V:VUL) owns approximately 67% of the common shares of Red Moon. Red Moon

is an industrial mineral s exploration and development company which is developing the Ace Gypsum

deposit and Captain Cook salt deposit in Western Newfoundland and the Black Bay Nepheline project in

333 Duckworth Street, St. John's, NL, A1C 1G9

Telephone: (709) 754-3186 Fax: (709) 754-3946 Email: [email protected]

www.redmoonpotash.com

southern Labrador. In 2016 Red Moon received from APEX Geoscience Ltd. a maiden mi neral resource

assessment report with respect to the salt deposit completed pursuant to National Instrument 43 -101

requirements. The resource estimate concluded that using a 95.0% cut-off grade for sodium chloride, the

Captain Cook Salt Resource Estimate is classified as “Inferred” and demonstrates that there is 908 million

tonnes of high purity halite (96.9% salt) for 880 million in-situ tonnes of salt.

Please refer to www.redmoonpotash.com for further information about the Company’s projects. Patrick

J. Laracy, P. Geo, President, and Patrick Collins, P. Geo. are qualified persons responsible for the contents

of this news release as defined in National Instrument 43-101.

We seek Safe Harbor.

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or

accuracy of this release. This release may contain certain forward -looking statements. Actual events or

results may differ from the Company’s expectations. Certain risk factors beyond the Company’s con trol

may affect the actual results achieved. Accordingly, readers are advised not to place undue reliance on

forward-looking information. Except by law, the Company undertakes no obligation to publicly update or

revise forward-looking information.

For information please contact:

Patrick J. Laracy, President

(709) 754-3186

[email protected]