Red Metal Resources Announces Closing of Unit Private Placement

b'Thunder Bay, Ontario--(Newsfile Corp. - May 19, 2021) - Red Metal Resources Ltd. (OTC Pink: RMES) (the "Company" or "Red Metal") is pleased to announce that it has closed its non-brokered private placement of 3,849,668 units at a price of $0.15 per unit (each, a "Unit"), previously announced on February 17, 2021, for gross proceeds of CAD$577,450.20 (the "Unit Offering").