Mr. Clive Shallow reports
RAINY MOUNTAIN DELAYS NON-BROKERED PRIVATE PLACEMENT
By news release dated Sept. 2, 2015, Rainy Mountain Royalty Corp., subject to regulartory approval, intended to proceed with a non-brokered private placement to raise up to $250,000 by the issuance of five million non-flow-through units at five cents per unit. The company is currently investigating and pursuing certain copper exploration properties (with silver and gold byproducts) in Namibia, however as yet, the company has not finalized this anticipated exploration property acquisition/option. Therefore, the company has determined that it will delay the previously announced private placement until further progress with the Namibia property option has been achieved. Accordingly, the company intends to reannounce its private placement in near future.
We seek Safe Harbor.
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