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RT Minerals Corp. — Capital/Financing Update 2024
Sep 21, 2024
46258_rns_2024-09-20_a46dde9a-325c-47c0-bfe2-9733cda1f264.pdf
Capital/Financing Update
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www. rtmco r p.co m
RT MINERALS CORP. ANNOUNCES SIGNING OF LOI TO ACQUIRE COPPER PROPERTY
NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES
Vancouver, B.C. – September 20, 2024 – RT Minerals Corp. (TSXV: RTM) (OTC Pink: RTMFF) (the “ Compan y” or “ RTM ”) is pleased to announce that the Company has signed a Letter of Intent (LOI) on September 19, 2024 to acquire a 100% interest in the Rogue Property, located on the Baie Verte Peninsula in Western Newfoundland, Canada. The Company has not determined a set price for the property in the LOI. The Rogue Property covers an area of 250 hectares. The property is accessible by air or boat, with nearby road infrastructure located just a few kilometers from the western boundary.
The area is known for its rich geological setting, with mineralization occurring in dykes and rock formations associated with past mining activity in the region.
This acquisition aligns with RT Minerals Corp.'s ongoing strategy to expand its portfolio of prospective resource projects in Canada. The Company plans to move forward with further exploration and evaluation of the property as part of its broader growth initiatives in the resource sector.
About RT Minerals Corp. RTM is a junior exploration company listed on the TSX Venture Exchange under the symbol “RTM”. The Company holds a 100% interest, largely royalty-free, in a portfolio of 12 rare earth element, gold and base metal properties in Ontario, Canada.
For more information on the Company please visit the company’s website at www.rtmcorp.com.
On behalf of the Board and for further information contact:
Alson Niu CEO and Director RT Minerals Corp. [email protected]
Neither the TSX Venture Exchange nor its Regulation Service Provider (as the term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy of accuracy of this news release. Forward-Looking Statements: This news release contains certain forward-looking statements, which relate to future events or future performance and reflect management’s current expectations and assumptions. Such forward-looking statements reflect management’s current beliefs and are based on assumptions made by and information currently available to the Company. Readers are cautioned that these forwardlooking statements are neither promises nor guarantees, and are subject to risks and uncertainties that may cause future results to differ materially from those expected including, but not limited to, market conditions, availability of financing, actual results of the Company’s exploration and other activities,
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environmental risks, future metal prices, operating risks, accidents, labor issues, delays in obtaining governmental approvals and permits, and other risks in the mining industry. All the forward-looking statements made in this news release are qualified by these cautionary statements and those in our continuous disclosure filings available on SEDAR at www.sedar.com. These forward-looking statements are made as of the date hereof and the Company does not assume any obligation to update or revise them to reflect new events or circumstances save as required by applicable law.