Ho Wah Genting Group Introduces Shared Ownership Model

Kuala Lumpur, Malaysia–(Newsfile Corp. – January 31, 2018) – Ho Wah Genting Group Limited (OTCQB: HWGG) (the “Company” or “HWGG”), via its subsidiary, the property arm of the Company, Ho Wah Genting Property Sdn Bhd (“HWGP”) has come up with a concept that ease the consumer issue on purchasing properties in Malaysia. From a first time buyer to property investors, who are now facing affordability issue in the properties in Malaysia, can be delighted to know that they can now own a high end property in a prime area in the heart of Kuala Lumpur city and a resort situated in a destination state in Malaysia.

The concept? Sharing economy, whereby owners are to share their unit. This concept will be applied to its two maiden hotel development projects in the Malaysia – Goldmen Suites near Bukit Bintang, Kuala Lumpur and HWG Resort in Port DicksonNegeri Sembilan. When the investment concept was introduced on Nov 11, 2017 some 200 registrations of interest were received that day.

Gavin Lim (CEO of the Company – on the left) and Mavis Mok (director of the Company)

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Located at the junction of Jalan Kampung Pandan and Jalan Imbi (a prime are in the heart of Kuala Lumpur and a well-known destination for locals and foreigners), Goldmen Suites is a proposed 60-storey hotel project with 600 rooms, each with a built-up size of 500 square feet (“sqft”). The project, is estimated to has a Gross Development Value (“GDV”) of RM900 million (approximately US$225 million), is a joint-venture project with Lembaran Beruntung Sdn Bhd, which is the landowner. Earthworks are expected to start in March this year.

HWG Resort is a seafront development in Port Dickson with an estimated GDV of RM900 million (approximately US$225 million). There are three components in this project – a cruise entertainment hub, hotel town and water chalet. The water chalet component offers a total of 182 units with four different layouts ranging from 974 sqft to 2,312 sqft. The project is being developed by Earth Synergy Sdn Bhd where it will collaborate with HWGP. The piling works will begin soon.

“The common thing these two projects have is their investment model. We all know commercial property investment in prime areas has always been limited to a small group of investors due to the high cost involved. We want to fill the gap and give the opportunity to more people to invest in luxury properties by making it more affordable while reducing the investment risk,” said Gavin Lim, the executive director of Ho Wah Genting Property. Under this shared model, he explains, every unit in these two projects is allowed a maximum of 12 owners, with Ho Wah Genting Property being one of them so it can play the administrator role.

“At Goldmen Suites, instead of coming up with RM1 million for a unit, you will just need to fork out RM125,000 to become one of the 12 owners of a 500 sqft hotel suite to enjoy benefits such as a 30 nights-in-a-year entitlement either for your own use or to be rented out for returns,” Gavin said.

To avoid concurrent bookings by the unit owners during peak season, flexibility is given to the owners to utilise all their 30 nights’ entitlement at one time. “The building is divided into three zones according to entry prices. If you are at the lowest entry-point zone, you can book any of the rooms in that zone when you want to use more than one night’s entitlement on the same night [for your guests]. For those under the entry price zone 2, they can book rooms at zone 1 and 2; while for those in price zone 3, they can book rooms in all three zones or the entire hotel. The higher-priced zones on the higher floors accord you better views and more rooms available for the owners’ use,” Gavin said.

Besides paying RM125,000 as a one-off payment or a maximum of 24 months’ instalments to the developer, every investor will also need to pay RM700 in monthly maintenance fee. “RM700 is the cost to maintain the entire building – the common areas, the facilities, your unit room services, as well as to use our platforms to rent or trade your investment worldwide,” Gavin said.

Use of blockchain and possibly bitcoin

According to Gavin, the record of ownership and benefit entitlement will be done using blockchain technology. “blockchain is probably one of the most transparent and wide-reaching systems. When an investor wishes to exit the investment plan, they can target worldwide buyers via our blockchain platform. Of course, besides the smart contract, investors will also need to sign the conventional contract to legally change the ownership title,” Gavin explained.

He added that the company is also exploring the possibility of allowing bitcoin to be used for the transactions. “When we use the blockchain system, people will wonder if we are accepting bitcoin. As a developer, we prefer hard cash because developing requires cash flow. But we are exploring the possibility of accepting bitcoin because our market is worldwide – Japan, the US, Singapore and other countries that are very familiar with blockchain and bitcoin. We need to cater to market demand,” Gavin noted.

When an investor decides to exit, there will be a stipulation in the sale and purchase contract stating that every owner has equal right. “People will be worried; for example, what if one of the 12 investors wants to exit but others want to stay – would it cause any conflict? In the contract, when they buy into a shared ownership, they are buying into undivided share in a property. It means each and every owner has the equal right to make a decision. You don’t have to go through all the shareholders for the consent of exit. Only the admin of the unit title, which is Ho Wah Genting Property, is involved in processing the exit,” Gavin explained.

He said one of the aims of this investment model is to encourage people to invest and do business, hence the lower entry point with no guaranteed returns. “I believe leaseback and guaranteed returns are just different forms of discounts, not really a return. We do not offer them. In fact, we encourage investors to lease their nights with all the short-stay platforms available in the market,” said Gavin, who expects a 20% to 30% take-up rate locally for both projects by the first half of 2018 as it mainly focuses on foreign buyers from Singapore, China, Japan and the US.

About Ho Wah Genting Group Limited

Ho Wah Genting Group Limited is an investment holding company engaged in promoting entertainment membership, junket operating services, online entertainment gaming, investing and marketing of real estate.

For Further Information Contact:

KT Ong
ongkt@hwgg.com.my

Safe Harbor Statement

This press release contains certain statements that may include “forward-looking statements.” All statements other than statements of historical fact included herein are “forward-looking statements.” These forward-looking statements are often identified by the use of forward-looking terminology such as “believes,” “expects”, “estimates” or similar expressions, involving known and unknown risks and uncertainties. Although the Company believes that the expectations reflected in these forward-looking statements are reasonable, they do involve assumptions, risks and uncertainties, and these expectations may prove to be incorrect. You should not place undue reliance on these forward-looking statements, which speak only as of the date of this press release. The Company’s actual results could differ materially from those anticipated in these forward-looking statements as a result of a variety of factors, including the risk factors discussed in the Company’s periodic and other reports that are filed with the Securities and Exchange Commission and available on the SEC’s website (http://www.sec.gov). All forward-looking statements attributable to the Company or persons acting on its behalf are expressly qualified in their entirety by these risk factors. Other than as required under the securities laws, the Company does not assume a duty to update these forward-looking statements.

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Midnight Sun Mining Provides Corporate Update

Vancouver, British Columbia–(Newsfile Corp. – January 31, 2018) – Midnight Sun Mining Corp. (TSXV: MMA) (the “Company” or “Midnight Sun“) provides a corporate update and announces its exploration plans for 2018.

Solwezi Licenses Option Agreement Vesting

Midnight Sun has satisfied all of its obligations under the Option Agreement with Kam Chuen Resource Holdings Ltd. (“Kam Chuen”) and has earned a 60% interest in the Solwezi Group of Exploration Licences (the “Licences”) (See November 29, 2013 news release titled “Midnight Sun Signs Definitive Option Agreement for Exploration Permits in Zambia”).

The Licences consist of two individual exploration licences, 21509-HQ-LEL (formerly 14039-HQ-LPL) and 12124-HQ-LEL (as shown below in Illustration 1.0 – Solwezi Group of Licences), covering over 506 km2 of surface area. The Licences are located in northern Zambia, adjacent to Africa’s largest copper producer, the Kansanshi Mine, on the prolific Zambia-Congo Copper Belt. Having satisfied all obligations under the option agreement, the Company is now in the process of formalising a shareholders and governance agreement with Kam Chuen to govern the further exploration and operation of the Licenses as a joint venture.

2018 Exploration Program

The Company is planning a comprehensive exploration program for 2018, beginning in April, immediately after the rainy season in northern Zambia.

Initially, Midnight Sun will conduct an airborne geophysical survey [Heli-borne Versatile Time Domain Electromagnetic (“VTEM”)] over the three main targets: Mitu, 22 Zone and Dumbwa (north and central), and the additional prospective targets of Khaziba and Kifubwe.

Once completed, the Company will prepare a comparative interpretation utilizing the new data from the VTEM survey and the known drill data from its 2016 and 2017 drilling campaign to determine primary and secondary drill targets on the 3 main mineralized areas, with a principle focus on Mitu.

The Company’s President and Chief Executive Officer, Brett Richards stated: “This year, Midnight Sun is going to increase capacity in almost every area of its business. We are going to increase our presence and activities on the ground in Zambia and will be ramping up with multiple geological teams to quickly and efficiently understand the prospective targets than have been located and proven from our campaign last year. We intend to initiate the forthcoming season starting with an airborne geophysical program over the licences, followed by a ground geo-physical program and an aggressive drilling campaign on each of the targets identified: Mitu, 22 Zone and Dumbwa (North and Central).”

Illustration 1.0 – Solwezi Group of Licences

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2016 and 2017 Exploration Work

The focus of the 2016 and 2017 exploration programs and drill campaigns was to expand and further define the extent of the previously announced ore-shale type copper-cobalt discovery at the Mitu area of the Solwezi Licences. These programs included drill hole MDD-17-15 which stepped out 3.72 kilometres (“km”) southeast from discovery hole MDD-16-01, and reported 3.44% copper, 0.067% cobalt, 0.058% nickel and 331 parts per billion gold (4.23% copper equivalent) over 11.6 meters (see news releases dated January 12, 2017; February 10, 2017; May 3, 2017; and July 4, 2017).

A secondary focus of the 2016 and 2017 joint campaign was to understand the mineralization and lithology of the two other regional targets on the Licenses, identified as 22 Zone and Dumbwa (north and central).

Please refer to the Company’s previous New Releases as well as the Company presentation on its website at: www.midnightsunmining.com.

Warrant Exercise

During January 2018, the Company received gross proceeds of $635,800 upon the exercise of 3,179,000 share purchase warrants priced at $0.20. The share purchase warrants were issued as part of a unit financing, which was announced on October 26, 2015 and had its final close on January 29, 2016.

Stock Option Grant

Midnight Sun has granted stock options to purchase an aggregate of 2,575,000 common shares of the Company, at an exercise price of $0.36 per share, to certain employees, consultants and directors. The stock options are granted pursuant to Midnight Sun’s 10% rolling stock option plan, are subject to vesting provisions, and shall expire 5 years from the date of grant.

ON BEHALF OF THE BOARD OF MIDNIGHT SUN MINING CORP.

Brett A. Richards – President and Chief Executive Officer

For Further Information Contact:

Brett A. Richards
President and Chief Executive Officer
Tel: +1 905 449 1500

Al Fabbro
Lead Director
Tel: +1 604 351 8850

NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS NEW RELEASE.

This news release includes certain statements that may be deemed as “forward-looking statements”. All statements in this release, other than statements of historical facts, the expected completion of any Offering, and the expected use of proceeds are forward-looking statements. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those in forward-looking statements. Factors that could cause actual results to differ materially from those in the forward-looking statements include: changes in market conditions, unsuccessful exploration results, changes in the price of commodities (particularly copper, cobalt, gold and nickel), unanticipated changes in key management personnel and general social, economic or geo-political conditions. Mining exploration and development is an inherently risky business. Accordingly the actual events may differ materially from those projected in the forward-looking statements. This list is not exhaustive of the factors that may affect any of the Company’s forward-looking statements. These and other factors should be considered carefully and readers should not place undue reliance on the Company’s forward-looking statements. The Company does not undertake to update any forward-looking statement that may be from time to time by the Company or on its behalf, except in accordance with applicable securities laws.

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Marchwell Ventures Ltd. and Sante Veritas Therapeutics Inc. Enter into Definitive Agreement to Complete Reverse Take-Over

Vancouver, British Columbia–(Newsfile Corp. – January 31, 2018) – Marchwell Ventures Ltd. (TSXV: MVE.H) (“Marchwell“) and Santé Veritas Therapeutics Inc. (“SVT“) are pleased to announce that they have entered into a definitive business combination agreement (the “Amalgamation Agreement“) dated January 26, 2018 whereby Marchwell will combine with SVT to create a medical and adult use cannabis cultivation company (the “Transaction“).

Santé Veritas Therapeutics Inc.

SVT is a privately-held corporation incorporated in British Columbia in 2012 for the purpose of obtaining a licence under the Access to Cannabis for Medical Purposes Regulations (the “ACMPR“) and to thereafter operate as a medical cannabis cultivation company. Health Canada has recently issued SVT a “confirmation of readiness” for a licence under the ACMPR.

SVT is currently constructing its cultivation facilities in Powell River, British Columbia, on a site that was formerly a paper mill. SVT anticipates receipt of Licensed Producer status, permitting it to begin cultivation, in February 2018. On December 19, 2017, SVT completed a private placement of common shares for gross proceeds of approximately $16 million (the “Private Placement“) to fund construction of its facilities.

All information provided in this press release related to SVT has been provided by management of SVT and has not been independently verified by management of Marchwell.

The Transaction

Pursuant to the terms of the Amalgamation Agreement:

  • Marchwell will consolidate (the “Consolidation“) its outstanding shares on a three into one basis; and
  • Marchwell will acquire all of the issued and outstanding shares of SVT pursuant to a three-cornered amalgamation whereby 1148607 Inc. (“Marchwell Subco“), a wholly-owned subsidiary of Marchwell, and SVT will amalgamate (the “Amalgamation“) to form a newly amalgamated company (“Amalco“), and upon the Amalgamation, former shareholders of SVT (“SVT Shareholders“) will receive one New Marchwell Share (as defined below) for each one SVT Share held and Amalco will become a wholly-owned subsidiary of Marchwell.

There are currently 23,438,433 Marchwell common shares issued and outstanding. On closing, there will be approximately 245 million SVT common shares outstanding. As a result of the Transaction, Marchwell expects to have approximately 253 million issued and outstanding common shares on an undiluted basis. Approximately 3% of those shares will be held by shareholders of Marchwell and 97% will be held by former shareholders of SVT. The shares held by new “principals” of Marchwell will be subject to such escrow requirements as may be imposed by the securities regulatory authorities.

Upon completion of the Amalgamation, Marchwell will be the parent and the sole shareholder of Amalco and thus will indirectly carry on the business of SVT. As a result, Marchwell intends to change its name to “Santé Veritas Holdings Inc.” or such other name as is acceptable to the regulators (the “Name Change“). Further, it is proposed that the management and Board of Directors of Marchwell be changed to consist of persons that have experience in the new business to be undertaken by the combined company. Biographical information regarding proposed management and directors of the combined company is provided below under the heading “Management Team and Board of Directors”

In connection with the Transaction, Marchwell will be seeking shareholder approval of the Transaction and the de-listing from the TSX Venture Exchange (“TSXV“) and SVT will be seeking shareholder approval with respect to the Amalgamation. The Transaction has been unanimously approved by the Boards of Directors of SVT and Marchwell and both Boards of Directors recommend that their respective shareholders vote in favour of the Transaction and related matters.

The Transaction is subject to a number of conditions, including receipt of shareholder and regulatory approval, including approvals of the TSXV and the Canadian Securities Exchange (“CSE“). The Transaction will be carried out by parties dealing at arm’s length to one another and therefore will not be considered to be a non-arm’s-length transaction.

Change in Management

Following completion of the Transaction the management and board of Marchwell will resign and a new board will be appointed.

It is anticipated that the new board of directors and senior management of Marchwell after the completion of the Transaction will be:

Michael Orr — Executive Chairman

Mr. Orr is a former Managing Director at First Marathon Securities. He has also founded and grown several successful companies.

John Walker — Chief Executive Officer, Director

Mr. Walker has spent over 25 years working in increasingly senior roles at Fortune 500 companies, including PepsiCo and Yum Brands, both in Canada and internationally.

Mark Herron — Chief Financial Officer

Mr. Herron is a CPA, CA with over 35 years experience in financial services, banking, marketing and healthcare. Recently, he was the COO of Sunnybrook Hospital University of Toronto Clinic and an Audit and Tax Partner at Grant Thornton. Mr. Herron is a member of the Institute of Corporate Directors.

Perry Miele Director

Mr. Miele is Chairman and partner of Beringer Capital, a fund investing in emerging marketing services companies. Mr. Miele has over 25 years of experience building and growing companies in North America and Internationally. He is also a director of Andrew Peller Wines, a TSX listed company.

Additional independent directors are expected to be added prior to the closing of the Transaction.

Intention to De-List from the TSXV and to Seek Listing on the CSE

Marchwell intends to take steps to de-list from the TSXV prior to the completion of the Transaction. De-listing is subject to TSXV approval.

As part of the Transaction, Marchwell intends to apply to list (“Listing“) its common shares on the CSE. Listing is subject to CSE approval and meeting listing requirements. Marchwell is in the process of preparing the requisite documents for submission to the CSE and will seek written consent to the Transaction and the Listing from the majority of shareholders. There is no assurance that the CSE will provide conditional or final approval of Marchwell’s application for Listing.

Timing of the Transaction

Full details of the Transaction will be included in the management information circular of SVT which is expected to be mailed to its shareholders in February 2018. It is anticipated that the meeting of the shareholders of SVT meetings and closing of the Transaction will take place in the first quarter of 2018.

The Transaction cannot close until the required shareholder approval is obtained. There can be no assurance that the transaction will be completed as proposed or at all. Investors are cautioned that, except as disclosed in the management information circular or filing statement or other disclosure document to be prepared in connection with the Transaction, any information released or received with respect to the Transaction, may not be accurate or complete and should not be relied upon. Trading in the securities of Marchwell should be considered highly speculative. In accordance with the policies of the TSXV, Marchwell’s shares are currently halted from trading and will remain halted until further notice.

For further information please contact:

Marchwell Ventures Ltd.

Richard Graham
Director
(604) 689-1428

or                 

Sandra Lee
(604) 488-5427

Forward-Looking Information

Certain portions of this press release contain “forward-looking information” within the meaning of applicable Canadian securities legislation, which is also referred to as “forward-looking statements”, which may not be based on historical fact. Wherever possible, words such as “will”, “plans,” “expects,” “targets,” “continues”, “estimates,” “scheduled,” “anticipates,” “believes,” “intends,” “may,” “could,” “would” or might, and the negative of such expressions or statements that certain actions, events or results “may,” “could,” “would,” “might” or “will” be taken, occur or be achieved, have been used to identify forward looking information. Such forward-looking statements include, without limitation, SVT’s receipt of Licensed Producer status and the timing thereof, the entrance into a definitive agreement with respect to the Transaction, receipt of exchange, regulatory, shareholder, director and other approvals, the completion of the Consolidation, the delisting from the TSXV and the Listing on the CSE, and other factors.

Forward looking statements should not be read as guarantees of future events, future performance or results, and will not necessarily be accurate indicators of the times at, or by which, such events, performance or results will be achieved, if achieved at all.  Readers should not place undue reliance on such forward-looking statements, as they reflect Marchwell’s and, where applicable, management of SVT’s, current views with respect to future events and are subject to risks and uncertainties and are necessarily based upon a number of estimates and assumptions that, while considered reasonable by Marchwell and, where applicable, management of SVT, are inherently subject to significant business, economic, regulatory, competitive, political and social uncertainties and contingencies. Many factors could cause Marchwell’s and, where applicable, SVT’s actual results, performance or achievements to be materially different from any future results, performance, or achievements that may be expressed or implied by such forward-looking statements, including among others, SVT’s failure to receive, or delay in receiving, Licensed Producer status, failure to enter into a definitive agreement with respect to the Transaction, failure to obtain any of the required exchange, regulatory, shareholder director or other approvals for the Transaction, failure to complete the Consolidation, failure to delist from the TSXV or complete the Listing on the CSE, and the Amalgamation Agreement being terminated, modified or amended. The preceding list is not exhaustive of possible factors.

Marchwell disclaims any intent or obligation to update or revise publicly any forward-looking statements whether as a result of new information, estimates, future events or results, or otherwise, unless required to do so by applicable laws. The forward looking statements contained herein are expressly qualified in their entirety by this cautionary statement.

The TSX Venture Exchange Inc. has in no way passed upon the merits of the Transaction and has neither approved nor disapproved the contents of this news release. Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

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American Lithium Raises $4,200,000 in Private Placement

Vancouver, British Columbia–(Newsfile Corp. – January 31, 2018) – American Lithium Corp. (TSXV: LI) (OTCQB: LIACF) (FSE: 5LA) (WKN: A2AHEL) (“American Lithium” or the “Company”) has completed a private placement of 12,000,000 units (each, a “Unit”) at a price of $0.35 per Unit for gross proceeds of $4,200,000.  Each “Unit” consists of one common share of the Company and one common share warrant purchase warrant.  Each warrant entitles the holder to acquire an additional common share of the Company at a price of $0.75 per share for a period of twenty-four months.

No finders’ fees were paid in connection with completion of the placement.  All securities issued in connection with the placement are subject to a four-month-and-one-day statutory hold period.

For more information, please contact the Company at info@americanlithiumcorp.com or visit our website at www.americanlithiumcorp.com.

On behalf of the Board,

American Lithium Corp.

Michael Kobler, Chief Executive Officer

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Forward-looking statements

Statements in this release that are forward-looking information are subject to various risks and uncertainties concerning the specific factors disclosed here. Information provided in this release is necessarily summarized and may not contain all available material information. All such forward-looking information and statements are based on certain assumptions and analyses made by American Lithium management in light of their experience and perception of historical trends, current conditions and expected future developments, as well as other factors management believes are appropriate in the circumstances. These statements, however, are subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those projected in the forward-looking information or statements. Important factors that could cause actual results to differ from these forward-looking statements include those described under the heading “Risks Factors” in American Lithium’s most recently filed MD&A. The Company does not intend, and expressly disclaims any obligation to, update or revise the forward-looking information contained in this news release, except as required by law. Readers are cautioned not to place undue reliance on forward-looking information or statements.

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Westminster Announces Investor Relations; Provides Peru Update

Vancouver, British Columbia–(Newsfile Corp. – January 31, 2018) – Westminster Resources Ltd. (TSXV: WMR) (FSE: 08W2) is pleased to announce that it has retained the services of Mark Carruthers to provide in-house investor relations on a month-to-month basis with an effective date of November 1, 2017. Mark has 25 years of market experience including over eight years in investor relations and has provided marketing and support to other junior public companies. As consideration, the company has agreed to pay a monthly fee of $3,000 and intends to grant Mr. Carruthers 250,000 stock options, exercisable for a period of two years from date of granting at a price to be determined. These options are granted subject to the company’s Stock Option Plan, and will have a vesting provision of 25% of the options upon the date of the grant, and 25% on the first business day of each of the subsequent three quarters. The options are subject to regulatory approval and the rules and regulations of the TSX Venture Exchange.

Update on Peru

Westminster is awaiting approval of its revised NI 43-101 technical report on the copper-gold projects under evaluation for potential acquisition. Results from substantial historical drilling has returned copper and intervals of continuous mineralization. Additionally, areas of copper, gold and silver have been mapped at surface. The large-scale size of these targets has been reported in WMR News Release dated December 11, 2017.

About Westminster

Westminster is in the process of acquiring 100% interest in highly prospective copper properties in Southern Peru. The projects comprise a number of concessions totalling 36,225 hectares on the country’s prolific coastal copper belt, source of nearly half of Peru’s copper production. Peru is also the world’s second largest copper producer by tonnage. Exploration drilling performed to date, through which both IOCG and Porphyry style mineralization have been identified; indicating potential economic viability for the development of the properties.

ON BEHALF OF THE BOARD OF DIRECTORS
WESTMINSTER RESOURCES LTD.

“Glen Indra”
President & CEO

For further information regarding Westminster Resources Ltd., please call 604-608- 0400, Toll Free: 1-877-608-0007.

Neither TSX Venture Exchange nor its Regulations Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility or accuracy of this release.

This news release may contain forward-looking information which is not comprised of historical facts. Forward-looking information involves risks, uncertainties and other factors that could cause actual events, results, performance, prospects and opportunities to differ materially from those expressed or implied by such forward- looking information. Forward-looking information in this news release may include, but is not limited to, the Company’s objectives, goals or future plans, including the proposed transaction with Latin Resources Limited and closing of such transaction. Factors that could cause actual results to differ materially from such forward-looking information include, but are not limited to, those risks set out in the Company’s public documents filed on SEDAR. Although the Company believes that the assumptions and factors used in preparing the forward-looking information in this news release are reasonable, undue reliance should not be placed on such information, which only applies as of the date of this news release, and no assurance can be given that such events will occur in the disclosed time frames or at all. The Company disclaims any intention or obligation to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, other than as required by law.

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RT Minerals Corp. Acquires Golden Reed Mine Property near Wawa, Ontario

Vancouver, British Columbia–(Newsfile Corp. – January 31, 2018) – RT Minerals Corp. (TSXV: RTM) (OTC Pink: RTMFF) (the “Company”) announces that pursuant to its news release dated October 25, 2017, the Company has exercised its option to acquire 100% interest in the Golden Reed Mine property located near Wawa, Ontario for consideration of a final option payment of 1,000,000 common shares of the Company which are subject to a four month hold period expiring June 1, 2018. The Vendor retains a 2% net smelter royalty of which 1% can be purchased at any time for $1,000,000.

ABOUT RT MINERALS CORP.

RT Minerals Corp. is a junior resource company engaged in the acquisition, exploration and evaluation of primarily gold and diamond properties in Canada. The Company’s principal mineral properties include the 100% optioned Norwalk and Dill River gold properties that are respectively contiguous to the southern and eastern borders of Red Pine Exploration Inc.’s Wawa Gold Project near Wawa, Ontario; the 100% owned Golden Reed Mine gold property that is staked within Red Pine’s Wawa Gold Project; the 100% owned Ballard Lake diamond and gold property located ~50 km ENE of Wawa, Ontario; and the 100% owned Dog Lake gold property located ~59 km NE of Wawa, Ontario.

The Company’s common shares are listed on the TSX Venture Exchange under the symbol “RTM” and on the OTC Pink Market under the symbol “RTMFF” with DTC eligibility for trading in the United States.

For more information on the Company and its properties, please visit the Company’s website at www.rtmcorp.com.

FOR FURTHER INFORMATION CONTACT:

Paul Antoniazzi
President and Chief Executive Officer
RT Minerals Corp.
Toll Free: 877-581-3170
Telephone: 604-681-3170
Fax: 604-681-3552

Neither the TSX Venture Exchange nor its Regulation Service Provider (as the term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy of accuracy of this news release.

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IIROC Trade Halt – Plaza Retail REIT

Toronto, Ontario–(Newsfile Corp. – January 31, 2018) – The following issues have been halted by IIROC:

Company: 

Plaza Retail REIT

TSX Symbol:

PLZ.UN (all issues)

Reason:

Pending News

Halt Time (ET)

16:09

   

IIROC can make a decision to impose a temporary suspension of trading in a security of a publicly listed company, usually in anticipation of a material news announcement by the company. Trading halts are issued based on the principle that all investors should have the same timely access to important company information. IIROC is the national self-regulatory organization which oversees all investment dealers and trading activity on debt and equity marketplaces in Canada.

– 30 –

For further information: IIROC Inquiries 1-877-442-4322 (Option 3) – Please note that IIROC is not able to provide any additional information regarding a specific trading halt. Information is limited to general enquiries only.

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