Mr. Jordan Black reports

RAMP METALS ANNOUNCES PROPOSED DEBT SETTLEMENTS

Ramp Metals Inc. intends to settle outstanding accounts payable in the aggregate amount of $131,476.90 owing to certain creditors through the issuance of 730,424 common shares in the capital of Ramp at a deemed price of 18 cents per settlement share.

No new control person (as that term is defined in the policies of the TSX Venture Exchange) will be created pursuant to the transaction; however, two non-arm's-length parties are expected to receive a total of 62,500 settlement shares upon the settlement of $11,250 worth of the debt. The issuance of those settlement shares constitutes a related party transaction as that term is defined in Multilateral Instrument 61-101, Protection of Minority Security Holders in Special Transactions. The company is relying on exemptions from the formal valuation and minority approval requirements under MI 61-101 and, in particular, sections 5.5(a) and 5.7(1)(a) of MI 61-101, as neither the fair market value of the subject matter of, nor the fair market value of the consideration for, the transaction, insofar as it involves those parties, exceeds 25 per cent of the company's market capitalization.

The board of directors and management of the company believe that the transaction is in the best interests of the company because it will allow the company to preserve its cash to finance future operations.

The settlement shares will be subject to a statutory four-month-and-one-day hold period from the date of issuance. The transaction remains subject to the approval of the TSX-V.

About Ramp Metals Inc.

Ramp Metals is a battery and base metal exploration company with two flagship properties located in Northern Saskatchewan and one property in Nye county in Nevada. The management team is passionate about green field exploration and new technologies. The vision of Ramp Metals is to make the next big discovery required to fuel the green technology movement.

We seek Safe Harbor.