RT Minerals Corp. Announces a Private Placement

* Reuters is not responsible for the content in this press release.

Mon Jun 29, 2009 3:25pm EDT

  VANCOUVER, BRITISH COLUMBIA, Jun 29 (MARKET WIRE) -- 
RT Minerals Corp. ("RTM" / the "Company") (CNSX: RTM) announces that it
has arranged, subject to regulatory approval, a private placement of up
to 5,000,000 units at $0.05 per unit for total gross proceeds of up to
$250,000. Each unit will consist of one common share and one
non-transferable share purchase warrant, each warrant exercisable into an
additional common share for a period of one year at a price of $0.05 per
share. Insiders of the Company will participate in approximately
3,000,000 units of the placement. The proceeds of the private placement
will be used to retire approximately $85,000 worth of debt and for
general working capital.

    Disclaimer: Some of the statements contained herein may be forward
looking statements which involve known and unknown risks and
uncertainties. Without limitation, statements regarding potential
mineralization, resources, exploration results, future plans and
objectives are forward looking statements that involve various degrees of
risk. The following are important factors that could cause the Company's
actual results to differ from those expressed or implied by such forward
looking statements: changes in the world price of mineral commodities,
market conditions, risks inherent in mineral exploration, development,
construction, mining, profitability and the uncertainty of access to
additional operating and exploration capital. We seek safe harbor.

    Warrants: 2,850,000 @ $0.10 to $0.15

    Shares Issued: 8,600,000

    Stock Options: 340,000 @ $0.05

    Restricted Shares: 3,450,000

Contacts:
RT Minerals Corp.
Dan M. Clark
President
604-681-3170
604-681-3552 (FAX)
www.rtmcorp.com

Copyright 2009, Market Wire, All rights reserved.

-0-
Comments (0)
This discussion is now closed. We welcome comments on our articles for a limited period after their publication.