RT Minerals Corp. announces unit private placement at $1,000 per unit for
proceeds of up to $300,000 to explore on strike to West Timmins-Lakeshore
Gold Holdings, Ontario

    
    Listed: CNSX                                   Shares Issued: 16,425,000
    Symbol: RTM                                           Stock Options: NIL
    Warrants: 6,525,000 wt. avg. $0.06          Restricted Shares: 8,260,000
    

VANCOUVER , Oct. 6 /CNW/ - RT Minerals Corp. (the "Company") announces up to a 300 unit private placement at $1,000 per unit (the "Units"). Each Unit is comprised of a total of five thousand (5,000) shares consisting of four thousand (4,000) Flow Through ("FT") shares at $0.20 per share and one thousand (1,000) Non-FT shares at $0.20 per share and two thousand five hundred warrants. One warrant entitles the holder to acquire one further Non-FT common share of the Company at $0.25 per share for a one year term.

Insiders are subscribing for at least 10% of the Units. All securities to be issued in connection with the private placement are subject to a 4 month hold period.

A finder's fee is payable on Units not subscribed for by insiders of the Company. Up to $240,000 of the placement will be expended primarily on line cutting, geophysics and drilling on the Company's Golden Property which is contiguous to the south western boundary of Timmins West Mining Inc. - Lakeshore Gold Corps' holdings in the west Timmins area of Ontario. The balance of the proceeds from the placement of up to $60,000 will be for general and administrative expenses.

%SEDAR: 00026554E

For further information: Jonathan Samuda, Director, Telephone: [phone], Email: [email protected], RT Minerals Corp., PO Box 10103, LCD Pacific Centre, 515-701 West Georgia Street, Vancouver, B.C., V7Y 1C6, Website: www.rtmcorp.com