Mr. Douglas Andrews reports

RT MINERALS CORP. CLOSES $100,000 PRIVATE PLACEMENT AND COMPLETES NORDICA PROPERTY ACQUISITION

RT Minerals Corp., further to its news release of June 13, 2023, has completed a non-brokered private placement to raise gross proceeds of $100,000 through the sale of one million units priced at 10 cents. Each unit consists of one common share and one-half of a share purchase warrant, with each whole warrant exercisable into one further common share at a price of 12 cents for a term of 12 months. The proceeds from the offering will be used for general working capital. All securities issued are restricted from trading until Oct. 29, 2023.

Further to the company's news release of May 10, 2023, the company has completed the acquisition of 20 claim blocks in Nordica township from an arm's-length vendor for consideration of 300,000 common shares of the company and a 2-per-cent net smelter return (NSR) royalty on the vendor claims as well as any claims that the company has acquired within a two-kilometre area of interest surrounding the vendor claims, of which a 0.8-per-cent NSR royalty may be repurchased by the company for $2.5-million cash at any time. All securities issued are restricted from trading until Oct. 29, 2023.

About RT Minerals Corp.

RT Minerals is a junior exploration company listed on the TSX Venture Exchange under the symbol RTM. The company holds a 100-per-cent interest in a portfolio of critical mineral, gold and base metal properties in Ontario, including: the Case batholith group of properties prospective for lithium and cesium; the Ireland and Kendrey properties prospective for rare earth elements; the Nordica, Galna-Moody, Kenogaming, Pharand I and II properties prospective for nickel, chromium and cobalt; the Milligan, Blakelock and McQuibban gold properties; and the Timmins base metals property. The company also holds an option to acquire a 100-per-cent interest in the Link-Catharine RLDZ gold property, located 22 kilometres south-southeast of the town of Kirkland Lake in Ontario.

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