RMG Rainmaker Resources Ltd

Rainmaker Resources Ltd. (TSX VENTURE:RMG) ("Rainmaker") is pleased to announce
that it has agreed in principle to acquire three additional Quarry Permits
(QPP154, 155 and 156) covering an additional 1280 acres (approx. 518 hectares)
located adjacent to the company's Jayjay Lake property in North-Central
Saskatchewan, from JCMP Management Corp. 


The terms of the agreement will provide that the company can acquire a 100%
interest in and to the Quarry Permits for CAN $37,440 and 300,000 fully paid and
non-assessable shares of Rainmaker subject to formal documentation and the
agreement being accepted for filing by the TSX Venture Exchange. 


The company will immediately commence a sampling program to evaluate the
potential of the permits in conjunction with the present exploration program
currently being undertaken on the Jayjay lands.


Rick Patmore, President and CEO of Rainmaker commented, "this acquisition is
very exciting for Rainmaker as it adds another 1280 acres (approx. 518 hectares)
to our already existing inventory of Frac Sand inventory. This will give
Rainmaker just under 5,000 acres (approx. 2023 hectares) of lands with Frac
Sands potential which could mean a considerable life span for a mining
operation."


Jayjay East Project:

The East Jayjay silica sand project is located in north-central Saskatchewan,
approximately 185 km north-east of Prince Albert SK, and 150 km west of Flin
Flon MB. Access is excellent with an all-season Province Road crossing the
centre of the property. The property consists of three Quarry Permits (1280
acres/518 hectares), issued by the Government of Saskatchewan. 


The sand deposit lies at surface and consists entirely of beach sand from the
shores of glacial Lake Agassiz. This lake covered much of the central Prairies
until approximately 10,000 years before present. Wave action on the beaches has
resulted in clean, well-rounded sand grains, which may be suitable for hydraulic
fracturing. The sand is derived from a marine quartzose sandstone horizon in the
Cretaceous Manville formation.


Previous work has confirmed the presence of this potential high quality sand. At
that time, the markets were limited, and the selling prices were much lower than
today.


About Rainmaker:

Rainmaker Resource Corp., a well rounded frac sand company, has acquired frac
sand assets in Canada and the United States: Jayjay Lake project in
north-central Saskatchewan and The Bray Property in Arkansas. Both projects have
excellent access to key infrastructure and are close to existing frac sand
producers. 


Rainmaker is focused on the development, acquisition, and exploration of Western
Canadian proppant projects with the goal of being amongst the lowest cost
producers. Proppant or frac sands are used in unconventional oil and gas
production from tight shale formations. This special sand is used to provide a
pathway for hydrocarbons to flow by propping open fractures. Wells are being
drilled deeper and more hydraulic fractures placed, therefore, the demand for
frac sand will continue increasing.


Chris M. Healey, P.Geo, a Director of Rainmaker, is the qualified person
responsible for the technical content of this release.


On behalf of the Board of Directors 

Rick Patmore, President and CEO, Rainmaker Resources Ltd.

For additional information, you may visit the company website at:
www.rainmakerresources.ca. The company's profile may also be viewed on
www.sedar.com.


The TSX Venture Exchange Inc. has in no way passed upon the merits of the
proposed transaction and has neither approved nor disapproved the contents of
this press release."


The TSX Venture Exchange has not reviewed and does not accept responsibility for
the adequacy or accuracy of the content of this News Release. WARNING: The
Company relies on litigation protection for `forward looking" statements. Actual
results could differ materially from those described in the news release as a
result of numerous factors, some of which are outside the control of the
Company. This news release does not constitute an offer to sell or a
solicitation of an offer to sell any of the securities in the United States. The
securities have not been and will not be registered under the United States
Securities Act of 1933, as amended (the "U.S. Securities Act') or any state
securities laws and may not be offered or sold within the United States or to
U.S. Persons unless registered under the U.S. Securities Act and applicable
state securities laws or an exemption from such registration is available.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Rainmaker Resources Ltd.
Denby Greenslade
Corporate Communications
denby@rainmakerresources.ca


Rainmaker Resources Ltd.
Judy A. McCall
Corporate Secretary
604.638.8030
www.rainmakerresources.ca

Rainmaker Resources Ltd. (TSXV:RMG)
Historical Stock Chart
From May 2024 to Jun 2024

Rainmaker Resources Ltd. (TSXV:RMG)
Historical Stock Chart
From Jun 2023 to Jun 2024