RTG Mining Inc. — Capital/Financing Update 2017

May 21, 2017

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NOTIFICATION OF EXPIRY OF LISTED OPTIONS

RTG Mining Inc. (“RTG”, “the Company”) (TSX Code: RTG, ASX Code: RTG) , advises that the attached letter has been sent to holders of Listed Options exercisable at C$1.50 on or before 4 June 2017, as notification of the expiry of their options on 4 June 2017.

The last date of quotation of Listed Options on the ASX will be Tuesday, 30 May 2017 (Toronto Time Canada).

ENQUIRIES

Australian Contact US Contact President & CEO – Justine Magee Investor Relations – Jaime Wells Tel: +61 8 6489 2900 +1 970 640 0611 Fax: +61 8 6489 2920 Email: jmagee@rtgmining.com jwells@rtgmining.com

Website – www.rtgmining.com

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Expiry of Listed Options

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22 May 2017

Dear

In accordance with paragraph 6.1 of Appendix 6A to the ASX Listing Rules and as required by the Australian Securities Exchange, (“RTG”, “the Company”) (TSX Code: RTG, ASX Code: RTG) duly informs you of the following information in relation to your Listed Options:

• The number of Listed Options to which this notice applies is .

• On exercise, each Listed Option entitles the holder to receive one fully paid ordinary share in the Company. If all of the Listed Options were exercised, 8,784,687 fully paid ordinary shares in the Company would be issued.

• The exercise price for each Listed Option is C$1.50 (Exercise Price).

• The due date for payment of the Exercise Price is by 5.00pm (Toronto Time Canada) on Sunday, 4 June 2017 (Expiry Date).

• If payment is not received before the Expiry Date, the Listed Options will lapse and your right to exercise the Listed Options will cease.

• Official quotation of the Listed Options will cease on Tuesday, 30 May 2017 (Toronto Time Canada), being four business days before the Expiry Date.

• The market price of Company’s shares on Friday, 19 May 2017 (ASX listing), being the last trading day prior to the date of this notice, was A$0.16.

• The highest price that the Company’s shares have traded at in the last three months is A$0.30 on Wednesday, 8 March 2017.

• The lowest price that Company’s shares have traded at in the last three months is A$0.15 on Friday, 28 April 2017.

• The exercise price of the Listed Options is not underwritten.

Yours sincerely,

Justine Magee

President & CEO

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