Ring the Bell Capital Corp. Announces Termination of Letter of Intent

Toronto, Ontario--(Newsfile Corp. - September 25, 2018) - Ring the Bell Capital Corp. (TSXV: RTB.P) ("RTB" or the "Corporation"), a capital pool company pursuant to Policy 2.4 of the TSX Venture Exchange (the "TSXV") announces that its letter of intent (the "LOI") with Beadell Resources Limited has terminated.

The Corporation will continue to identify and evaluate other opportunities for the purpose of completing a Qualifying Transaction under the CPC policy of the TSXV. Trading of RTB's common shares is expected to resume trading on the TSXV shortly.

About RTB

RTB is a capital pool company within the meanings of the policies of the TSXV and does not have any operations and has no assets other than cash. RTB's business is to identify and evaluate businesses and assets with a view to completing a Qualifying Transaction under the policies of the TSXV.

CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING STATEMENTS

This press release includes certain "forward-looking statements" under applicable Canadian securities legislation. Forward-looking statements include, but are not limited to, statements with respect to the future business and operations of RTB. Forward-looking statements are necessarily based upon a number of estimates and assumptions that, while considered reasonable, are subject to known and unknown risks, uncertainties, and other factors which may cause the actual results and future events to differ materially from those expressed or implied by such forward-looking statements. Such factors include, but are not limited to: general business, economic, competitive, political and social uncertainties; and the delay or failure to receive applicable Board, shareholder or regulatory approvals. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. These forward-looking statements are made as of the date hereof and RTB disclaims any intent or obligation to update publicly any forward-looking statements, whether as a result of new information, future events or results or otherwise, except as required by applicable securities laws.

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.

For further information please contact:

Chris Tate
Chief Executive Officer
(647) 403-3797

NOT FOR DISSEMINATION IN THE UNITED STATES OR THROUGH U.S. NEWSWIRES