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Rugby Resources Ltd. 
Listed Company 

RUGBY MINING LIMITED ("RUG")
BULLETIN TYPE: Shares for Debt
BULLETIN DATE: December 14, 2016
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing the Company's proposal to issue 433,333 shares at a deemed price of $0.30 per share to settle outstanding debt for $130,000.

Number of Creditors: 1 Creditor

Insider / Pro Group Participation:
Insider=Y / Amount Deemed Price
Creditor Progroup=P Owing per Share # of Shares
Rowen Company Limited
(Bryce Roxburgh) Y $130,000 $0.30 433,333

The Company shall issue a news release when the shares are issued and the debt extinguished.
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