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RT Minerals Corp. Closes $100,000 Private Placement

(TheNewswire) Vancouver, B.C. - TheNewswire – October 27, 2021...

articleRt Minerals Corp.October 27, 20214/company/rt-minerals-corp/news/rt-minerals-corp-closes-dollar100000-private-placement
RT Minerals Corp. Closes $100,000 Private Placement

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[{"type":"text","content":"RT Minerals Corp. Closes $100,000 Private Placement\n \n \n (TheNewswire)\n \n \n \n \n \n \n \n \n Vancouver, B.C. -\n \n \n TheNewswire\n \n \n – October 27, 2021\n \n – RT\nMinerals Corp. (TSXV:RTM) (OTC:RTMFF) (the “Company”) is pleased\nto announce that further to its news release of September 23, 2021,\nthe Company has completed a non-brokered private placement to raise\ngross proceeds of $100,000 (the “Offering”) through the sale of\n2,000,000 units priced at $0.05 (the “Units”). Each Unit consists\nof one common share and one share purchase warrant exercisable into\none further common share at a price of $0.065 for a term of two years.\nThe proceeds from the Offering will be used for general working\ncapital. Finders’ fees of $8,000 (8% cash) were paid on the\nOffering. All securities issued are restricted from trading until\nFebruary 28, 2022.\n \n \n \n About RT Minerals Corp.\n \n \n \n RT Minerals Corp. is a junior exploration company listed on the TSX\nVenture Exchange under the symbol “RTM” and has 78,694,654 common\nshares issued and outstanding, of which 19,950,000 shares are held in\nescrow to be released over a three-year period ending July 14, 2024.\nThe Company holds an option to acquire a 100% interest in the\nLink-Catharine RLDZ gold property comprised of 15 unpatented single\ncell mining claims with a total area of 220 hectares in one claim\nblock, which is contiguous to the Company’s 100% owned 102 sq km\nCatharine claim block. The above properties are located approximately\n22 km SSE of the Town of Kirkland Lake, Ontario. The Company also\nholds a 100% interest in the Norwalk gold property near Wawa, Ontario.\n \n \n \n For more information on the Company and its properties,\nplease visit the Company’s website at\n \n \n \n www.rtmcorp.com\n \n \n \n .\n \n \n \n \n FOR FURTHER INFORMATION\nCONTACT:\n \n \n \n \n Donald (Dan) M. Clark\n \n \n \n \n Chairman, President and Chief Executive Officer\n \n \n \n \n RT Minerals Corp.\n \n \n \n \n Telephone: 604-681-3170                    \n                                             \n      &...

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