RT MINERALS CORP. ("RTM")
BULLETIN TYPE: Property-Asset or Share Disposition Agreement
BULLETIN DATE: February 4, 2016
TSX Venture Tier 2 Company
TSX Venture Exchange Inc. (the "Exchange") has accepted for filing an agreement August 19, 2015 (the "Agreement"), between RT Minerals Corp. (the "Company") and Investissements GEMA Inc. ("GEMA"). Pursuant to the Agreement, the Company sold its 100% interest in the Bazooka and McWatters properties (the "Properties") to GEMA. The Properties are located in Quebec.
Consideration for the Properties is $100,000 and 1,000,000 shares of GEMA. The Company will retain a 1% NSR in the McWatters property, which GEMA can buy back at any time for $250,000. There is also a 2% NSR in respect of the Bazooka property, and GEMA can buy back 1% at any time for $1,000,000.
Insider / Pro Group Participation: N/A
Please refer to the Company's news release dated October 28, 2015 under the Company's SEDAR profile.
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