VANCOUVER, BC - Rathdowney Resources Ltd. (TSXV: RTH) ('Rathdowney' or the 'Company') reports, further to its press releases dated June 19, 2026, June 25, 2026 and July 3, 2026 on a non-brokered private placement (the 'Private Placement') that two insiders participated in the Private Placement.
Andrew Ing, an officer of the Company, and Lena Brommeland, a director and an officer of the Company, subscribed for 300,000 and 2,000,000 Common Shares, respectively, under the Private Placement. Each of the placements to Mr. Ing and Ms. Brommeland is a 'related party transaction' within the meaning of Multilateral Instrument 61-101, Protection of Minority Security Holders in Special Transactions ('MI 61-101'). The issuance to these related parties is exempt from the valuation requirement 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, in that the fair market value of the consideration of the securities issued to each related party does not exceed 25% of the Company's market capitalization.
Rathdowney is focused on advancing the Olza zinc-lead-silver project ('Project Olza') in Poland.
Contact:
Tel: 604-684-6365
Web: www.rathdowneyresources.com
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