Newsletter

Why sign up? Click here

Show Privacy Policy
RT Minerals Corp. values privacy as much as you do. We will never sell or rent your email address to anyone under any circumstances.

If you have specific concerns about this policy, please feel free to contact us with your questions or comments.

News Release

Friday, August 20, 2021: RT MINERALS CORP. REJECTS NOTICE OF REQUISITION OF SHAREHOLDERS’ MEETING

Vancouver, B.C. – August 20, 2021 – RT Minerals Corp. (TSXV: RTM) (OTC Pink: RTMFF) (the “Company” or “RT Minerals” or “RTM”) announces, further to its news releases dated July 23, 2021 and August 3, 2021, that it intends to call a general meeting of shareholders of the Company to be held on November 30, 2021, to consider annual business and the matters raised in the previously announced Notice of Requisition of a General Meeting of Shareholders (the “Requisition”) pursuant to section 167 of the Business Corporations Act (British Columbia) (the “Act”), delivered to the Company’s registered and records office on July 31, 2021 by Ryan Kalt and Kalt Industries Ltd., a corporation controlled by Ryan Kalt. The record date for this meeting will be October 26, 2021.

Shareholders will receive detailed information about the requisitioned meeting by way of a Management Information Circular in advance of the requisitioned meeting. Shareholders should read the circular carefully before reaching a decision with regard to their votes. In the meantime, there is no need for shareholders to take any action.

The Board of Directors (the “Board”) of the Company notes that a requisition must contain sufficient detail to allow shareholders to make an informed decision about the business proposed by the requisitioner, which, in the case of a requisition for a meeting to elect new directors, includes the names and qualifications of the new directors proposed by the requisitioning shareholder. 

The Requisition does not provide any information with respect to the proposed nominees similar to that which would be required under securities law in a dissident proxy circular. Accordingly, the Board has advised Mr. Kalt provide the Company with biographical information about the proposed nominees with sufficient time to include such information in the Company’s management information circular. 

Failure to provide such information will result in the cancellation of the scheduled meeting on the basis that the Company cannot disseminate a management information circular with a recommendation on how shareholders should vote in respect of a slate of directors whose qualifications and connections to the Company are unknown.

About RT Minerals Corp.


RT Minerals is a junior exploration company listed on the TSX Venture Exchange under the symbol RTM and has 64,742,988 shares outstanding. The company holds a 100-per-cent interest in 102 square kilometres of mineral claims commencing about 22 km south-southeast of Kirkland Lake, Ont. The company also holds an option to acquire a 100-per-cent interest in the Link-Catharine RLDZ gold property composed of 15 unpatented single-cell mining claims with a total area of 220 hectares in one claim block located approximately 25 km south-southeast of the town of Kirkland Lake, Ont. The company also holds a 100-per-cent interest in the Norwalk gold property located near Wawa, Ont.


For more information on the Company and its properties, please visit the Company’s website at www.rtmcorp.com.


FOR FURTHER INFORMATION CONTACT:

Donald (Dan) M. Clark

Chairman, President and Chief Executive Officer

RT Minerals Corp.

Telephone: 604-681-3170

Fax: 604-681-3552


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 forward-looking 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, 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.  

Disclaimer

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

Read more News