Rathdowney Closes Private Placement

VANCOUVER, June 23, 2017 Rathdowney Resources Ltd. ("Rathdowney" or the "Company") (TSXV: RTH) announces that further to a news release of June 9, 2017, the Company has completed a private placement for proceeds of $570,000.

Proceeds will be used to advance Polish permitting activities and further refine mining engineering work to progress the Company's Olza zinc-lead-silver project towards feasibility and completion of permit licensing, as well as for general corporate working capital purposes.

About Rathdowney and Project Olza

Rathdowney Resources Ltd. is focused on advancing Project Olza in Poland through permitting and into production.

On behalf of the Board of Directors
David Copeland
Chairman

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

SOURCERathdowney Resources Ltd.

View original content: http://www.newswire.ca/en/releases/archive/June2017/23/c4723.html