Marble, columns and stairs

On March 17, 2011, Rathdowney Resources Ltd. completed its qualifying transaction in accordance with TSX Venture Exchange policy and the Company’s common shares began trading, as a Tier 1 Issuer, on the TSX Venture Exchange.

Further, as part of the qualifying transaction, a non-brokered private placement financing of 34,283,550 common shares of the company was completed at a price per common share of $1.00 for total gross proceeds of $34,283,550.

Rathdowney Resources was represented on the transactions by Barbara Collins of McMillan LLP.