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File: RTM NR 170221.docx


NEWS RELEASE

RT MINERALS CORP. ANNOUNCES NEW PRIVATE PLACEMENT

Vancouver, B.C. - February 21, 2017 {{‐ ‐} ‐} RT Minerals Corp. (TSX.V: RTM) (the "Company") announces tha
--->t the private placement proposed in the Company's news releases dated December 7, 2016 and January 20, 2017 will not p
--->roceed.  Instead, the Company announces a new private placement of up to 125 units (the "Units") to raise gross procee
--->ds of up to $175,000 (the "Offering").  Each Unit will be priced at $1,400.00 and will be comprised of 10,000 flow-thr
--->ough common shares, 10,000 non flow-through common shares, and 20,000 share purchase warrants exercisable at $0.10 for
---> a term of two years.  The Unit pricing is equivalent to $0.07 per share and a whole warrant attached to each share th
--->at is exercisable into one further common share at a price of $0.10 for a term of two years.

The proceeds from the sale of the flow-through portion of the Offering will be used for exploration activity on the Co
--->mpany's 100% owned, subject to retained royalty, Ballard Lake diamond and gold property and 100% optioned Norwalk gold
---> property, both located near Wawa, Ontario.  The proceeds from the sale of the non flow-through portion of the Offerin
--->g will be used for general working capital.

A finder's and/or administrative fee of up to 10% may be paid to registered representatives in connection with the Off
--->ering.  The fee will be comprised of 50% cash and 50% common shares at $0.07 per share.

The Offering is subject to the acceptance of the TSX Venture Exchange.

FOR FURTHER INFORMATION CONTACT:

Paul Antoniazzi 
President and Chief Executive Officer 
Tel: (604) 681-3170 
Fax: (604) 681-3552 
Website: www.rtmcorp.com 
__________________

Neither the TSX Venture Exchange nor its Regulation Service Provider (as that term is defined in the policies of the T
--->SX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.