Toronto, Ontario (FSCwire) - Renforth Resources Inc. (CSE: RFR) (“Renforth” or the “Company”) is pleased to that the Company has raised $70,000 by way of the private placement of common share units.  This is a first close in this fundraising, a second close is anticipated in the next week.  The common share units, sold at $0.05 per unit, consist of one common share and one common share purchase warrant.  The warrant is exercisable at a price of $0.07 cents per warrant into a common share for a period of 24 months.  Any questions regarding this placement can be directed to Ms. Brewster, the foregoing statement is not to be construed as solicitation.

Renforth has commenced the Parbec compilation and 3d modelling, a Gemcom project database has been built consisting of 166 drillhole collars, assay and lithological information is available for a significant portion of these.  Renforth will have images derived form this model available at Renforth’s booth at the PDAC, #2507. Anyone interested in seeing the first comprehensive model of Parbec built is encouraged to visit the booth where Ms. Brewster will be pleased to share information on New Alger with the Thompson-Cadillac Mine area inferred surface resource, the Pontiac Vein System discovery at New Alger, the Parbec mineralization modeled, and the results of the Nixon-Bartleman gold prospecting and mapping  campaign.

Renforth has issued 650,000 options to officers and directors exercisable for a period of five years at an exercise price of $0.05, the options vest 50% upon grant and 50% in six months from the date of grant.

ABOUT RENFORTH

Renforth Resources Inc. is a Toronto-based gold exploration company with interests in two of Canada’s gold exploration camps.  In the Cadillac-Malartic Gold Camp the Company holds the New Alger project, with an inferred resource of 237,000 ounces of gold above a depth of 200 metres contained in 3,505,000 tonnes with a grade of 2.1g/t Au using a cut-off of 0.75 g/t Au (see press release July 17, 2014) as calculated by Brian H. Newton P.Geo and Philip Burt P.Geo, which is located on the Cadillac Break outside of Cadillac, Quebec and an option to purchase 100% of the Parbec Property, a historically identified gold occurrence with more than 100 drillholes completed and a ramp into the mineralization in place located outside of Malartic, Quebec, contiguous to the Canadian Malartic open pit mine.  In Ontario the Company has the right to earn a 55% interest in the Nixon-Bartleman project, located on the Porcupine-Destor fault in the West Timmins Mining area, another historic gold occurrence with a couple of old shallow pits onsite and a history of past drilling which has not yet defined the gold occurrence.

For further information please contact:

Renforth Resources Inc.

Nicole Brewster

President and Chief Executive Officer

T: (416) 368.5049  

E: nicole@renforthresources.ca

No securities regulatory authority has approved or disapproved of the contents of this news release.

Forward Looking Statements

This news release contains forward-looking statements and information under applicable securities laws.  All statements, other than statements of historical fact, are forward looking. Forward-looking statements are frequently identified by such words as ‘may’, ‘will’, ‘plan’, ‘expect’, ‘believe’, ‘anticipate’, ‘estimate’, ‘intend’ and similar words referring to future events and results. Such statements and information are based on the current opinions and expectations of management. All forward-looking information is inherently uncertain and subject to a variety of assumptions, risks and uncertainties, including the speculative nature of mineral exploration and development, fluctuating commodity prices, the risks of obtaining necessary approvals, licenses and permits and the availability of financing, as described in more detail in the Company’s securities filings available at www.sedar.com. Actual events or results may differ materially from those projected in the forward-looking statements and the reader is cautioned against placing undue reliance thereon. Forward-looking information speaks only as of the date on which it is provided and the Company assumes no obligation to revise or update these forward-looking statements except as required by applicable law.

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