Rainmaker Mining Corp. (TSX VENTURE:RMG) ("Rainmaker") is pleased to announce
that it is proposing to make a non-brokered private placement of up to 7 million
units at a price of $0.15 per unit, for gross proceeds of $1,050,000. Each unit
will consist of one common share and one half share purchase warrant with one
full warrant being exercisable to purchase one additional common share of
Rainmaker at a price of $0.20 for period of 24 months following the closing of
the private placement.


A finder's fee may be payable with respect to the placement. The placement is
subject to TSX Venture Exchange approval.


The proceeds of the financing will be spent on working capital of the Company.

This News Release has been prepared on behalf of the Directors of Rainmaker
Mining Corp. who accepts responsibility for its contents. 


On Behalf of the Board of Directors, Rainmaker Mining Corp.

R.D. (Rick) Patmore, President and CEO

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.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Rainmaker Mining Corp.
Chris M. Healey, P.Geo
+1 (604) 921-1810
cmhealey@shaw.ca

Rainmaker Resources Ltd. (TSXV:RMG)
Historical Stock Chart
From May 2024 to Jun 2024 Click Here for more Rainmaker Resources Ltd. Charts.
Rainmaker Resources Ltd. (TSXV:RMG)
Historical Stock Chart
From Jun 2023 to Jun 2024 Click Here for more Rainmaker Resources Ltd. Charts.