- Business
- RT Minerals Corp (TSXV:RTM; OTC Pink:RTMFF), a Vancouver-based junior exploration company founded in 2007, engages in the acquisition, exploration, and evaluation of mineral properties primarily in Canada targeting battery metals, rare earth elements, precious metals, and base metals; its principal projects include the Nordica property for copper, nickel, cobalt, chromium, and palladium, Case Batholith for lithium, cesium, and tantalum, Timmins for copper, nickel, chromium, cobalt, lead, and zinc, Kenogaming and Pharand 1 & 2 for copper, nickel, chromium, and cobalt, Blake River for gold, lithium, and tantalum, McQuibban and Milligan for gold, and Ireland for rare earth elements, niobium, lithium, and cesium, with operations focused in Ontario and Newfoundland. The company holds 100% interests in these royalty-free assets, situated in prospective greenstone belts and batholiths such as the Abitibi Greenstone Belt and Baie Verte Peninsula, serving institutional and retail investors in the critical minerals and gold sectors. In recent developments, RT Minerals enters into a definitive agreement in November 2024 to acquire 100% of 1502493 B.C. Ltd. for the Rogue Property in Newfoundland via issuance of 3.5 million shares, signs a letter of intent in September 2024 to acquire a copper property, closes non-brokered private placements totaling up to $500,000 in 2024, implements a 14-to-1 share consolidation in June 2024, and appoints new board members including Alson Niu as CEO.