RATHDOWNEY ANNOUNCES NEW CLOSING DATE FOR PRIVATE PLACEMENT

 Rathdowney Resources Ltd. (“Rathdowney” or the “Company”) (TSX‐V: RTH) announces further to its news release of April 21, 2020 regarding plans to complete a private placement, that the TSX Venture Exchange has granted the Company a 30-day extension to close the financing. The closing date will now be July 5, 2020.

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