Rathdowney Resources Ltd. (“Rathdowney" or the “Company”) (TSXV: RTH) announces that it will make a $4.4 million investment in Heatherdale Resources Ltd. (“Heatherdale”) (TSXV: HTR) by subscribing for 22,000,000 common shares of Heatherdale, in a private placement, at a price of C$0.20 per share. The placement is subject to TSX Venture Exchange approval and, when completed, will result in the Company holding approximately 18.4% of Heatherdale.
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