RTMFF - RT Minerals Corp. Shareholders Approve Acquisition of Catherine Gold Inc.
(TheNewswire)
Vancouver, B.C. - TheNewswire – June 23, 2021 – RT Minerals Corp. (TSXV:RTM) (OTC:RTMFF) (the “ Company ” or“ RTM ”) is pleased to announce that all of the resolutions putforth at its Annual General and Special Meeting (“AGSM”) ofShareholders held on June 22, 2021 have been approved. In additionto the approval of the Company’s rolling stock option plan and theappointment of Manning Elliott, LLP as auditor for the ensuing year,the shareholders elected the following directors of the Company:Donald (Dan) M. Clark, Chairman, President and Chief Executive Officerof the Company, Mark Lofthouse and Edmond Hatoum.
In addition, by an ordinary resolution of thedisinterested shareholders, the acquisition of Catharine Gold Inc.(“CGI”) and the issuance by the Company of 21,000,000 CommonShares to Kalt Industries Ltd. and Mr. Ryan Kalt (collectively,“Kalt”) in connection with that acquisition, which issuance willresult in Kalt being approved as and becoming a “Control Person”of the Company, as such term is defined in the policies of the TSXVenture Exchange, was approved. CGI is a private company that ownsthe mineral rights to approximately 100 sq km of mineral claims thatare contiguous to RTM’s Link-Catharine property which commencesapproximately 22 km southeast of Kirkland Lake, Ontario,Canada.
The Information Circular and Proxy materials related tothe AGSM, as well as a NI 43-101 technical report pertaining to the100 sq km CGI property, may be viewed on SEDAR under the profile of RTMinerals Corp. (see: www.sedar.com ).
RTM plans to conduct follow-up exploration within theaggregate 104 sq km block following the closing of the acquisition ofCGI. The closing of the CGI acquisition is subject miscellaneousdetails for closing as well as receipt of standard regulatoryapprovals.
About RT Minerals Corp.
RT Minerals Corp. is a junior exploration companylisted on the TSX Venture Exchange under the symbol “RTM” and has43,742,988 shares issued and outstanding. The Company holds an optionto acquire 100% interest in the Link-Catharine RLDZ gold propertycomprised of 15 unpatented single cell mining claims with a total areaof 220 hectares in one claim block located approximately 25 km SSE ofthe Town of Kirkland Lake, Ontario. The Company also holds a 100%interest in the Norwalk gold property near Wawa, Ontario.
For more information on the Company and its properties,please visit the Company’s website at www.rtmcorp.com .
FOR FURTHER INFORMATIONCONTACT:
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 norits Regulation Service Provider (as the term is defined in thepolicies of the TSX Venture Exchange) accepts responsibility for theadequacy of accuracy of this news release.
Forward-Looking Statements
This news release contains certainforward-looking statements, which relate to future events or futureperformance and reflect management’s current expectations andassumptions. Such forward-looking statements reflect management’scurrent beliefs and are based on assumptions made by and informationcurrently available to the Company. Readers are cautioned that theseforward-looking statements are neither promises nor guarantees, andare subject to risks and uncertainties that may cause future resultsto differ materially from those expected including, but not limitedto, market conditions, availability of financing, actual results ofthe Company’s exploration and other activities, environmental risks,future metal prices, operating risks, accidents, labor issues, delaysin obtaining governmental approvals and permits, and other risks inthe mining industry. All the forward-looking statements made in thisnews release are qualified by these cautionary statements and those inour continuous disclosure filings available on SEDAR atwww.sedar.com. These forward-looking statements are made as of thedate hereof and the Company does not assume any obligation to updateor revise them to reflect new events or circumstances save as requiredby applicable law.
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