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Resource Capital Fund VI L.P. Announces Disposition of Warrants in Vendetta Mining

Corporate Updates

Resource Capital Fund VI L.P. Announces Disposition of Warrants in Vendetta Mining

DENVER, CO

,

Sept. 12, 2017

/CNW/ - Resource Capital Fund VI L.P. ("

RCF VI

") reports that on

September 8, 2017

, it sold an aggregate of 6,000,000 warrants

(the "

Sold Warrants

") of Vendetta Mining Corp. (the "

Company

") exercisable for 6,000,000 common shares of the Company (the "

Common Shares

") at an

exercise price of

CDN$0.10

per Sold Warrant, representing approximately 5.2% of the issued and outstanding Common Shares assuming exercise of the Sold

Warrants. RCF VI sold the Sold Warrants pursuant to a private agreement with a third party purchaser at a price per Sold Warrant of

CDN$0.145

for total gross

proceeds of

CDN$870,000

.

Prior to the disposition of the Sold Warrants, RCF VI owned and controlled 19,409,231 Common Shares and 12,890,000 warrants, representing approximately

26.7% of the issued and outstanding Common Shares on a partially diluted basis. Immediately following the disposition of the Sold Warrants, RCF VI owned and

controlled, directly or indirectly, 19,409,231 Common Shares and 6,890,000 warrants, representing approximately 22.9% of the current issued and outstanding

Common Shares on a partially diluted basis.

RCF VI disposed of the Sold Warrants in accordance with its investment policy. RCF VI may from time to time acquire additional securities, dispose of some or

all of the existing or additional securities or may continue to hold the securities of the Company.

The Company's head office is located at #1500 - 409 Granville Street,

Vancouver, BC

V6C 1T2.

To obtain a copy of the early warning report filed under applicable Canadian securities laws in connection with the transactions hereunder, please see the

Company's profile on the SEDAR website

www.sedar.com

.

About Resource Capital Fund VI L.P.

RCF VI is a private investment fund existing under the laws of the

Cayman Islands

.

SOURCE

Resource Capital Fund VI L.P.

View original content: http://www.newswire.ca/en/releases/archive/September2017/12/c6560.html

%SEDAR: 00030240E

For further information:

and to obtain a copy of the early warning report, please contact: Resource Capital Fund VI L.P., 1400 Sixteenth Street, Suite

200, Denver, CO, 80202, Telephone: (720) 946-1444, Attn: Molly Campbell

CO: Resource Capital Fund VI L.P.

CNW 21:45e 12-SEP-17