Received by email:

File: RMO-NR1031.doc








News Release No. 14-08


Trading symbol: TSX-V: RMO

   
Rainy Mountain Announces Non-Brokered Private Placement


West Vancouver, British Columbia - October 31, 2014 - Rainy Mountain Royalty Corp. (the "Company" or "Rainy Mountain")
---> announces that, subject to regulatory approval, the Company intends to proceed with a non-brokered private placement 
--->to raise up to $97,500 by the issuance of 1,500,000 non-flow through units (the "Units") at $0.065 per Unit. Each Unit
---> will consist of one common share and one share purchase warrant, with each warrant entitling the holder to purchase a
--->n additional common share for a period of two years at an exercise price of $0.10. With respect to this private placem
--->ent, the Company may pay finders' fees in the amount of 10% (payable in cash or Units), based on the sale of the Units
---> purchased by subscribers introduced to the Company by such finders.

The Company intends to use the proceeds from this private placement for exploration property expenditures for general 
--->working capital purposes.

For further information, contact Mr. Clive Shallow, Shareholder Communications, at 604-922-2030, or visit the Company'
--->s website at www.rmroyalty.com.


Rainy Mountain Royalty Corp.

"Douglas L. Mason"
_________________________________
Douglas L. Mason, President & CEO

 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.