RPT Resources Ltd.

RPT Resources Ltd.

October 16, 2009 15:26 ET

RPT Resources Sells Interest in North Dakota Properties

VANCOUVER, BRITISH COLUMBIA--(Marketwire – Oct. 16, 2009) - RPT Resources Ltd. (TSX VENTURE:RPT) ("RPT") announces that its wholly owned subsidiary, RPT Energy (USA) Ltd. ("RPT USA"), has sold a 50% interest in 8,800 net acres of petroleum and natural gas leases in North Dakota to Hunt Oil Company of Dallas, Texas. RPT USA has received US$1.3 million in consideration for this property.

Marshall R. Bertram, CFO and Director

This release includes certain statements that may be deemed to be "forward-looking statements" within the meaning of the U.S. Private Securities Litigation Reform Act of 1995. All statements in this release, other than statements of historical facts, that address future production, reserve potential, exploration and development activities and events or developments that the Corporation expects, are forward-looking statements. Although management believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance, and actual results or developments may differ materially from those in the forward-looking statements. Factors that could cause actual results to differ materially from those in forward-looking statements include market prices, exploration and development successes, continued availability of capital and financing, and general economic, market or business conditions. Please see our public filings at www.sedar.com for further information.

Neither 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.

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