Red Metal Resources Ltd.
OTC Bulletin Board : RMET

Red Metal Resources Ltd.

April 07, 2009 09:30 ET

Red Metal Resources Retains Investment Bankers DME Securities

THUNDER BAY, ONTARIO--(Marketwire - April 7, 2009) - Red Metal Resources Ltd. (OTCBB:RMET), an exploration company focused on growth through acquiring, exploring and developing copper and gold assets in Chile, announced today that it has retained the investment banking firm DME Securities LLC to advise it on capital raises and strategic transactions, including possible acquisitions and sales of properties.

Caitlin Jeffs, Red Metal's president and chief executive officer, stated that, "We continue to be very focused on our mission to serve the best interests of our stockholders. We believe the Farellon property is ready to enter the next stage of its development. By hiring DME Securities, we can explore the various finance options to move forward. Moreover, we continue to see many unique opportunities in Chile that we would like to consider. With the assistance of DME Securities we can consider all of the finance options available to us."

About Red Metal Resources Ltd.

Red Metal Resources Ltd. is an exploration company focused on growth through acquiring, exploring and developing copper-gold assets in Chile. Chile is famous for world-class, low-grade, high-tonnage deposits and possesses massive potential in undeveloped midsized, high-grade, copper-gold deposits. Chile has consistently been ranked as one of the most politically stable countries in which to invest.

For more information about Red Metal Resources please visit: www.RedMetalResources.com.

About DME Securities

DME's operations include DME Securities LLC and DME Capital LLC.

DME Securities is a member firm of the NYSE, FINRA and a licensed broker-dealer. DME provides publicly trading companies with a full suite of investment banking services, including capital raises and mergers and acquisitions. DME Securities operates a full trading and brokerage operation on the floor of the New York Stock Exchange. Clients include some of the largest hedge funds, investment banks, pension and retirement funds and brokerage firms in the world.

For more information about DME Securities please visit: www.dmecapital.com.

This press release may contain forward-looking statements. The actual results could differ materially from a conclusion, forecast or projection in the forward-looking information. Certain material factors or assumptions were applied in drawing a conclusion or making a forecast or projection as reflected in the forward-looking information.

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