RTMFF - Early Warning Press Release Regarding RT Minerals Corp.
(TheNewswire)
Calgary, Alberta – TheNewswire - July 15, 2021 – Mr. Ryan Kaltreports that he has acquired ownership (the“ Acquisition ”) both directly and indirectly through Kalt Industries Ltd. (an entity wholly owned by Mr.Kalt) of an aggregate of 21,000,000 commonshares of RT Minerals Corp. (“ RT Minerals ”)(TSXV:RTM) as of July 14, 2021 by way of the closing of RT Minerals’transaction with Catharine Gold Inc. (“ Catharine Gold ”).
The 21,000,000 common shares relating to theAcquisition were acquired, on a direct and indirect basis, as sodescribed herein, pursuant to the closing of RTMinerals’ previously announced transaction with Catharine Gold (seealso RT Minerals news release, ‘RT Minerals Corp. Closes Acquisitionof Catharine Gold Inc. Resulting in Change of Control and Appointmentof New Director’, dated July 14, 2021) . Theshares acquired through the Acquisition were issued from treasury byRT Minerals, with RT Minerals having a closing price on facilities ofthe TSX Venture Exchange as at July 14, 2021 of $0.07 per commonshare, for common share consideration, in the aggregate, of$1,470,000.
Following the Acquisition, Mr. Kalt owns or controls,on a direct and indirect basis, a total of 23,800,000 common shares ofRT Minerals, held as to 7,875,000 common shares on a direct basis and15,925,000 common shares on an indirect basis through Kalt IndustriesLtd., representing, collectively, 36.8% of the issued and outstandingcommon shares of RT Minerals, as at the date hereof, and 500,000common share purchase warrants of RT Minerals, held on an indirectbasis through Kalt Industries Ltd., which, if exercised in full, wouldresult in Mr. Kalt owning or controlling, on a direct and indirectbasis, a total of 24,300,000 common shares of RT Minerals, which wouldthen be held as to 7,875,000 common shares on a direct basis and16,425,000 common shares on an indirect basis through Kalt IndustriesLtd., then representing 37.2% of the issued and outstanding commonshares of RT Minerals on a post-exercise basis.
The common shares described herein were acquired andare held by Mr.Kalt, on a direct and indirect basis, for investment purposes. Mr. Kalt may,directly or indirectly, acquire additional securities of RT Mineralseither on the open-market or through private acquisitions or, on adirect or indirect basis, sell securities of RT Minerals either on theopen-market or through private dispositions in the future depending onmarket conditions, reformulation of plans and/or other relevantfactors. Other than the foregoing, Mr. Kalt does not have plans or anyfuture intentions w hichrelate to or would result in any of the other foregoing matters.
“ Ryan Kalt ”
Ryan Kalt
The Form 62-103F1 – Required Disclosure under the Early Warning Requirements associated with this news release can beobtained from RT Mineral Corp.’s profile on SEDAR at www.sedar.com . To obtain acopy of the report, please contact Mr. Kalt at 1.403.454.2984.
NEITHER TSX VENTURE EXCHANGE NOR ITSREGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIESOF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACYOR ACCURACY OF THIS RELEASE.
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