7 March 2017

MOU for Producing Copper Mine

RMG Limited (RMG or the Company) has entered into a Memorandum of Understanding with Natural Elements Limited (NML), a BVI company, regarding the potential acquisition of NML's producing Luoyu copper mine in the Shaanxi Province of China.

Under the agreement, RMG has been granted a six month exclusivity period to conduct due diligence on the Luoyu Copper mine with a view to potentially acquiring an interest in all or part of that mine.

The Company will continue to keep shareholders informed of any material developments in relation to this matter.

End

For further information please contact: Mr Robert Kirtlan Mr John Zee

+61 8 9388 6020 +61 411 118 882

About RMG:

RMG holds permits in the northern part of Chile. The project is called Tuina and is located approximately 50km from the world's second largest copper mine, Chuquicamata. The Tuina district has had mining of mantos style deposits for several decades and is considered to have significant potential for new discoveries and extraction of sulphide ore which to date has not been mined. RMG is focused on acquiring a producing or near term producing mine to provide cashflow and opportunities for further acquisitions. Please visit the Company's website for more information.

Suite 5 Level 1, 12-20 Railway Road

Subiaco WA 6008

Phone +61 8 9388 6020 Email info@rmgltd.com.au www.rmgltd.com.au

RMG Limited published this content on 07 March 2017 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 07 March 2017 07:47:11 UTC.

Original documenthttp://www.rmgltd.com.au/images/stories/20170307_MOU_Luoyu_Copper_Mine_final1.pdf

Public permalinkhttp://www.publicnow.com/view/97FB8138DFC3457BAF3FCA690B7F7F71171C601E