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Rhyolite Resources Ltd. 
Listed Company 

RHYOLITE RESOURCES LTD. ("RYE")
BULLETIN TYPE: Private Placement-Brokered
BULLETIN DATE: April 3, 2017
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing documentation with respect to a Brokered Private Placement announced Jan 26, 2017:

Number of Shares: 16,000,000 shares

Purchase Price: $0.10 per share

Warrants: 8,000,000 share purchase warrants to purchase 8,000,000 shares

Warrant Initial Exercise Price: $0.15

Warrant Term to Expiry: 2 Years

Number of Placees: 52 Placees

Insider / Pro Group Participation:
Insider=Y /
Name Pro-Group=P # of Shares
PowerOne Capital Corp. Y 4,400,000
(Pasquale DiCapo)
Aggregate Pro-Group Involvement [15 Placees] P 3,450,000

Agent's Fee:
Leede Jones Gable Inc. $136,000.00 cash; 1,360,000 warrants

Agent Warrant Initial Exercise Price: $0.15

Agent Warrant Term to Expiry: Two years

Note that in certain circumstances the Exchange may later extend the expiry date of the warrants, if they are less than the maximum permitted term.

The above information is a summary only. Neither TMX Group Limited nor any of its affiliated companies guarantee the accuracy or completeness of the information contained in this document. Readers should consult the issuer's continuous disclosure record for complete details of the transaction.
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