Received by email:
File: Early Warning News Release - Douglas Mason - Oct 29 2014 (01110656).doc
DOUGLAS MASON 3912 Marine Drive West Vancouver, BC V7V 1N4 Phone: (604) 922-2030
FOR IMMEDIATE RELEASE
October 30, 2014 - Douglas Mason (the "Offeror") announces that he has acquired 600,000 common shares (the "Shares") o
--->f Rainy Mountain Royalty Corp. (the "Company") at a price of $0.09 per Share, for total consideration of $54,000, purs
--->uant to the exercise of a previously granted stock option.
At present, the Offeror owns an aggregate of 2,318,875 common shares of the Company, or approximately 18.07% of the ou
--->tstanding common shares of the Company. The Offeror also holds warrants for the purchase of an additional 1,300,000 c
--->ommon shares of the Company and stock options for the purchase of an additional 193,500 common shares of the Company.
---> Upon the exercise of these warrants and stock options in full, the Offeror would own a total of 3,812,375 common shar
--->es of the Company, or approximately 26.61% of the Company's then issued and outstanding share capital, assuming no oth
--->er shares of the Company are issued.
The Offeror has acquired the Shares for investment purposes and may acquire further securities of the Company for inve
--->stment purposes, in the market or privately, from time to time.
This news release is being issued pursuant to Part 3 of National Instrument 62-103 The Early Warning System and Relate
--->d Take-Over Bid and Insider Reporting Issues of the Canadian Securities Administrators. A copy of the report filed by
---> the Offeror in connection with the acquisition of the Shares is available on the Company's SEDAR profile, and it can
--->also be obtained directly from the Offeror by contacting him at the number shown above.
"Douglas Mason"
Douglas Mason
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the
--->TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
© 2024 Canjex Publishing Ltd. All rights reserved.