Subject: Rift Valley Resources Corp., Announces New Private Placement of Units
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<html><head><title>Rift Valley Resources Corp., Announces New Private Placement of Units</title></head><body><div styl
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--->er="0" alt="Rift Valley Resources Corp." /></a></td><td width="25"> </td><td><h2 style="font-family:Arial,Helveti
--->ca;font-weight:bold;font-size:30px;color:#0C2081;">Rift Valley Resources Corp., Announces New Private Placement of Uni
--->ts</h2></td> </tr></table></div><hr noshade style="color:#0C2081;background-color:#0C2081;height:5px;" /><div style="
--->font-family:Georgia,Helvetica;font-size:15px;font-weight:400;"><h3 style="font-family:Arial,Helvetica;font-weight:400;
--->font-size:22px;color:#0C2081;"></h3>Vancouver, British Columbia--(Newsfile Corp. - October 2, 2018) - <b>Rift Valley
--->Resources Corp. (CSE: RVR)</b> (the "Company" or "Rift Valley") announces a new private placement (the "Private Placem
--->ent") of up to 15,000,000 Units (the "Units") at $0.075 per Unit. Each Unit consists of 1 common share in the capital
--->stock of the Company and a one-half (1/2) share purchase warrant (the "Warrants") with each whole Warrant permitting t
--->he holder to purchase an additional share at $0.15 per Share. The net proceeds from this Private Placement of Units wi
--->ll be used for on-going project development, market analysis and investigation of Metrolink Solutions Inc.'s communica
--->tion systems business opportunity as mentioned in previous news releases as well as general and administrative costs.
--->All of the securities issued in connection with the private placement will be subject to a four month hold period from
---> the closing date under applicable securities legislation. <p></p><p>Completion of the private placement will be subje
--->ct to a number of conditions including the approval of the Canadian Securities Exchange.</p><p>Rift Valley's managemen
--->t is greatly encouraged by recent developments in one of MetroLink Solutions Inc.'s (MetroLink) wholly owned US subsid
--->iary, Ruralink Solutions Inc., which has completed construction of their first 7 "QwikCom" Modular Telecom Units (MTU'
--->s) at its Idaho fabrication facility, which can manufacture 20 QwikCom MTU's per month. </p><p>QwikCom MTU's are rapid
--->ly-deployed, modular telecom platforms which can be individually custom equipped to provide a varied range of communic
--->ations and monitoring services including but not limited to: </p><p></p><ul><li>Rural "last mile" wide area wi-fi cove
--->rage</li><li>High Throughput T.V. "White Space" systems for internet access over longer distances</li><li>Ability to b
--->e equipped with cameras monitors and sensors for reliable property and border surveillance.</li><li>Associated telecom
---> system that can link video and other surveillance data by satellite to remote monitoring locations virtually anywhere
---> in the world.</li><li>Multiple MTU's can be wirelessly interconnected to provide "Wide-area" coverage for communicati
--->ons, internet access or video surveillance.</li></ul><p></p> <p>Rift Valley's market research and feedback for the Q
--->wikCom units has shown interest from several industries and services applications for; disaster relief (FEMA) and firs
--->t responder coordination (hurricane, floods, earthquakes), military communications, security and monitoring, border a
--->nd property security, corporate social responsibility applications in remote areas, highway management, movie and fes
--->tival industries and etc.</p><p>On July 26, 2018, Rift Valley and MetroLink signed a revised Letter of Intent, wherein
--->, subject to satisfactory due diligence, shareholder and regulatory approvals, Rift Valley would purchase 100% of Metr
--->oLink's issued and outstanding shares for shares of Rift Valley on a one share for one share basis. </p>
---> <p>ON BEHALF OF THE BOARD</p><p>Griffin Jones CEO</p><p>Neither the Canadian Securities Exchange nor its regula
--->tion services provider has reviewed or accepted responsibility for the adequacy or accuracy of the content of this new
--->s release. Contact: Rift Valley Resources Corp. Tel. 604-682-7339. Website: <a href="http://www.riftvalleyresources.ca
--->">www.riftvalleyresources.ca</a></p></div><div style="font-family:Georgia,Helvetica;font-size:13px;font-weight:400;bac
--->kground:#EEEEEE"><p> </p><p align="center"><a href="https://www.newsfilecorp.com/company/5836/">View more news fr
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--->licy.php">Privacy Policy</a></p><p align="center"><b>Vancouver</b><br>380 - 1100 Melville Street<br>Vancouver, BC<br>V
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---> </td><td><h2 style="font-family:Arial,Helvetica;font-weight:bold;font-size:30px;color:#0C2081;">Rift Valley Reso
--->urces Corp., Announces New Private Placement of Units</h2></td> </tr></table></div><hr noshade="" style="color:#0C208
--->1;background-color:#0C2081;height:5px;"><div style="font-family:Georgia,Helvetica;font-size:15px;font-weight:400;"><h3
---> style="font-family:Arial,Helvetica;font-weight:400;font-size:22px;color:#0C2081;"></h3>Vancouver, British Columbia--(
--->Newsfile Corp. - October 2, 2018) - <b>Rift Valley Resources Corp. (CSE: RVR)</b> (the "Company" or "R
--->ift Valley") announces a new private placement (the "Private Placement") of up to 15,000,000 Units (the
---> "Units") at $0.075 per Unit. Each Unit consists of 1 common share in the capital stock of the Company and a
---> one-half (1/2) share purchase warrant (the "Warrants") with each whole Warrant permitting the holder to pur
--->chase an additional share at $0.15 per Share. The net proceeds from this Private Placement of Units will be used for o
--->n-going project development, market analysis and investigation of Metrolink Solutions Inc.'s communication systems bus
--->iness opportunity as mentioned in previous news releases as well as general and administrative costs. All of the secur
--->ities issued in connection with the private placement will be subject to a four month hold period from the closing dat
--->e under applicable securities legislation. <p></p><p>Completion of the private placement will be subject to a number o
--->f conditions including the approval of the Canadian Securities Exchange.</p><p>Rift Valley's management is greatly enc
--->ouraged by recent developments in one of MetroLink Solutions Inc.'s (MetroLink) wholly owned US subsidiary, Ruralink S
--->olutions Inc., which has completed construction of their first 7 "QwikCom" Modular Telecom Units (MTU's) at
--->its Idaho fabrication facility, which can manufacture 20 QwikCom MTU's per month. </p><p>QwikCom MTU's are rapidly-dep
--->loyed, modular telecom platforms which can be individually custom equipped to provide a varied range of communications
---> and monitoring services including but not limited to: </p><p></p><ul><li>Rural "last mile" wide area wi-fi
--->coverage</li><li>High Throughput T.V. "White Space" systems for internet access over longer distances</li><l
--->i>Ability to be equipped with cameras monitors and sensors for reliable property and border surveillance.</li><li>Asso
--->ciated telecom system that can link video and other surveillance data by satellite to remote monitoring locations virt
--->ually anywhere in the world.</li><li>Multiple MTU's can be wirelessly interconnected to provide "Wide-area"
--->coverage for communications, internet access or video surveillance.</li></ul><p></p> <p>Rift Valley's market researc
--->h and feedback for the QwikCom units has shown interest from several industries and services applications for; disaste
--->r relief (FEMA) and first responder coordination (hurricane, floods, earthquakes), military communications, security
--->and monitoring, border and property security, corporate social responsibility applications in remote areas, highway m
--->anagement, movie and festival industries and etc.</p><p>On July 26, 2018, Rift Valley and MetroLink signed a revised L
--->etter of Intent, wherein, subject to satisfactory due diligence, shareholder and regulatory approvals, Rift Valley wou
--->ld purchase 100% of MetroLink's issued and outstanding shares for shares of Rift Valley on a one share for one share b
--->asis. </p> <p>ON BEHALF OF THE BOARD</p><p>Griffin Jones CEO</p><p>Neither the Canadian Securities
---> Exchange nor its regulation services provider has reviewed or accepted responsibility for the adequacy or accuracy of
---> the content of this news release. Contact: Rift Valley Resources Corp. Tel. 604-682-7339. Website: <a href="https://m
--->andrillapp.com/track/click/30568383/www.riftvalleyresources.ca?p=eyJzIjoiR3FrSDV1VzBJVkloQWlnOWpDblM0b0lGeFFVIiwidiI6M
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