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News Release

Monday, December 30, 2013: RT MINERALS CLOSES POST-CONSOLIDATION FINANCING, ACQUIRES MINERAL PROPERTY

Vancouver, BC – RT Minerals Corp. (“RTM” / the “Company”) (TSXV: RTM).  Further to its news release of October 25, 2013, the Company announces the closing of a post‑consolidation private placement of 2,000,000 flow‑through units (the “FT Units”) and 8,000,000 non flow‑through units (the “NFT Units”), for total proceeds of $500,000.  Each FT Unit and NFT Unit was priced at $0.05 and is comprised of a share and a warrant exercisable at $0.06 for a term of two years (in the case of the FT Units) and five years (in the case of the NFT Units).  Insiders purchased 500,000 FT Units and 1,100,000 NFT Units.

All securities issued in the private placement are subject to a hold period expiring April 28, 2014.

The proceeds from the sale of the FT Units will be used for exploration activity on the Company’s Canadian mineral properties, while the proceeds from the sale of the NFT Units will be used to settle outstanding indebtedness and for general working capital.

The Company also announces that, further to its news release of August 16, 2013, it has completed the acquisition of the Matachewan gold property located several kilometres Northeast of the Young‑Davidson gold mine in Northern Ontario.  In consideration for a 100% interest in the Matachewan property, subject to a 2% NSR in favour of the vendor, the Company has issued 1,000,000 post‑consolidation shares to an arm’s length vendor.  The shares are subject to a hold period expiring April 28, 2014.

 

FOR FURTHER INFORMATION CONTACT:

Paul Antoniazzi

President and Chief Executive Officer

Tel: (604) 681-3170

Fax: (604) 681-3552

Website: www.rtmcorp.com

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Neither the TSX Venture Exchange nor its Regulation Service Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Disclaimer

The Canadian National Stock Exchange has neither approved nor disapproved of the information contained herein.

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