Mr. Christopher Reynolds reports
RAIN CITY SETTLES OUTSTANDING DEBT
Rain City Resources Inc. has made arrangements to settle outstanding indebtedness of $136,175.
The company settled outstanding indebtedness of $136,175 in exchange for an aggregate of 2,723,500
common shares of the company at a price of five cents per common share. This debt settlement included
outstanding indebtedness of $59,625 owing to related parties.
The company also announces that it intends to issue the final anniversary payment under its Bro property
purchase agreement by issuing 10 million common shares at a price of 10 cents per share to 1459988 B.C.
Ltd.
The securities, when issued, will be subject to a four-month-and-one-day hold from the date of issuance. In
addition, the debt settlement is subject to the approval of the Canadian Securities Exchange.
We seek Safe Harbor.
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