Capital Raising and Debt Repayment

Nickel exploration company Resource Mining Corporation Limited (ASX:RMI) (“RMC” or the “Company”) is pleased to advise the successful completion of a share placement to raise $0.62 million (before costs) to fund the next phase of exploration on the Kabulanywele Nickel Project in Tanzania, complete the acquisition of Massive Nickel Pty Ltd and its Tanzanian nickel projects, and for general working