RTG Mining Inc T.RTG

Alternate Symbol(s): RTTGF

Metals & Mining Gold

RTG Mining Inc. is a mining and exploration company. The Company is focused primarily on progressing the Mabilo Project to start-up, with a view to moving quickly and safely to a producing gold and copper company. It also has a number of new opportunities, including the Panguna Project in Bougainville. The Company holds a 40% interest in Mt. Labo Exploration and Development Corporation (Mt. Labo), which owns the high-grade Copper and Gold Mabilo Project in the Philippines. It holds a 90% interest in the Chanach Project. The Chanach Project is located in the prolific southern Tien Shan metallogenic belt. Its Bunawan Project includes four project areas situated in the mineral province of the Pacific Cordillera volcanic arc in the South Philippines. Its Nalesbitan Project is only 15 kilometers (km) west of the Mabilo development project in the historic Paracale Gold District in Eastern Luzon. Its Panguna Copper-Gold Project is located in the Central Region of the island of Bougainville.

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RTG Mining Inc

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Post by Betteryear2on May 23, 2023 5:04pm

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Post# 35460922

Memorandum of Agreement Signed T.RTG

Not for release to US wire services or distribution in the United States

Announcement to the Toronto Stock Exchange and Australian Securities Exchange

SUBIACO, WESTERN AUSTRALIA / ACCESSWIRE / May 22, 2023 / The Board of RTG Mining Inc. ("RTG", or the "Company") (TSX:RTG)(ASX:RTG) is pleased to announce that a comprehensive settlement of all outstanding issues with the Villar Family controlled Sage Capital and TVI Resource Development (Phils.) Inc. ("TVIRD") has been reached and a binding Memorandum of Agreement signed. On execution of the final documents, expected in the next month, all litigation that RTG had launched will be withdrawn as part of an agreed restructuring of the Mabilo Project.

Memorandum of Agreement Signed with TVI Resource Development (Phils.) Inc. (accesswire.com)