Press ReleaseSource: RT Minerals Corp.

RT Minerals Corp. Announces Completion of Initial Public Offering
Friday August 22, 2008 2:38 pm ET

VANCOUVER, BRITISH COLUMBIA--(MARKET WIRE)--Aug 22, 2008 -- RT Minerals Corp. (the "Company") is pleased to announce that it has successfully completed its initial public offering of units, each unit comprising 1/2 a common share and 1/2 a flow-through common share (the "Offering"), pursuant to a prospectus dated July 17, 2008. The Offering was fully subscribed for 3,000,000 units at $0.15 per unit for gross proceeds of $450,000. Subsequent to the Offering, the Company has 8,600,000 common shares outstanding.

Bolder Investment Partners, Ltd. acted as agent for the Offering and received a cash commission of 8% of the gross proceeds of the offering and agent's warrants equal to 10% of the number of units sold.

The Company's common shares have been approved for listing on the CNQ Trading and Quotation System Inc. and are expected to commence trading on Tuesday, August 26, 2008 under the symbol, RTMC.

The Company is a junior natural resource company engaged in the business of exploring for and developing mineral properties, and is focused on the exploration of uranium in Quebec. The Company's principal property consists of 62 contiguous and non-patented claims, which are each approximately 56 hectares and include a total area of 3,468.93 hectares, located in the Godbout Area, 60 kilometres east of the city of Baie-Comeau, Quebec.

For further information, please contact Dan Clark, the President and CEO of the Company at 604.681.3170. Specific details of the Offering can be found in the public document section at www.sedar.com.

On Behalf of the Board,

Donald (Dan) M. Clark, President & CEO



The CNQ Trading and Quotation System Inc. has neither approved nor disapproved of the information contained herein.


Contact:
     Contacts:
     RT Minerals Corp.
     Donald (Dan) M. Clark
     President & CEO
     (604) 681-3170
     (604) 681-3552 (FAX)
      

Source: RT Minerals Corp.


Mail to Friend Email Story
Alerts Set News Alert
Printer
Version  Print Story 


Copyright © 2009 Yahoo! Inc. All rights reserved. Privacy Policy - Terms of Service
Copyright © 2009 Marketwire. All rights reserved. All the news releases provided by Marketwire are copyrighted. Any forms of copying other than an individual user's personal reference without express written permission is prohibited. Further distribution of these materials is strictly forbidden, including but not limited to, posting, emailing, faxing, archiving in a public database, redistributing via a computer network or in a printed form.