LONDON, United Kingdom, Oct. 13, 2015 /CNW/ - Richard Hains made a prior announcement on October 13, 2015 regarding the acquisition of additional shares of RTG Mining Inc. ("RTG") (the "Prior Announcement"). The Prior Announcement incorrectly discloses the number and percentage of RTG common shares beneficially owned by Mr. Hains and the number and percentage of common shares beneficially owned and controlled by Mr. Hains following his most recent purchase. This press release contains the correct information.
Mr. Hains confirms that on October 9, 2015 he acquired beneficial ownership of an additional 1,000,000 common shares of RTG at an average price of $0.44977 Canadian dollars. The common shares were acquired on the Toronto Stock Exchange.
Mr. Hains now controls 19,452,359 common shares, or 14.49% of RTG's issued and outstanding common shares on a diluted basis. Of the 19,452,359 common shares, Mr. Hains owns and controls 18,693,859 common shares, or 13.92% of RTG's issued and outstanding common shares on a diluted basis.
The common shares were acquired for investment purposes and Mr. Hains may from time to time increase or decrease his holdings of common shares or other securities of RTG.
A revised copy of the early warning report filed by Mr. Hains with the applicable securities regulators will be available on SEDAR (www.sedar.com).
SOURCE Richard Hains
For further information: For further information, or to obtain a copy of the early warning report filed under applicable securities laws, please contact: Richard Hains, +44 20 7724 1528