Early Warning Report

VANCOUVER, BRITISH COLUMBIA--(Marketwired - Dec. 3, 2014) - Simon Ridgway, of 200 Burrard Street, Suite 650, Vancouver, BC, has acquired in the market 482,000 common shares of Rackla Metals Inc. (the "Company") at a price of $0.01 per share. As at the date hereof, Simon Ridgway owns or controls, directly or indirectly: (i) 5,851,261 common shares, representing approximately 11.6% of the issued and outstanding common shares of the Company, and (ii) 250,000 options to acquire common shares of the Company (the "Options"). Assuming the exercise of the Options in full, Simon Ridgway would own, directly or indirectly, 6,101,261 common shares, representing approximately 12.0% of the then issued and outstanding common shares of the Company assuming no other outstanding options in the Company were exercised, or approximately 11.8% of the then issued and outstanding common shares of the Company assuming all outstanding options in the Company were exercised.

The shares were acquired by Mr. Ridgway for investment purposes, and he may from time to time, directly or indirectly, acquire additional securities of the Company. Mr. Ridgway has filed on www.sedar.com a report pursuant to NI 62-103, and a copy of the report may be obtained by contacting Mr. Ridgway.