July 28

Raytec Metals Corp. Granted Second Exploration Permit on KP452 Potash Claim

Raytec Metals Corp. (the \"Company\") (TSX-V: RAY) is pleased to announce the receipt of its second exploration permit from the government of Saskatchewan on the Company\'s KP452 Potash claim in south-central Saskatchewan.

The KP452 exploration permit grants the Company the right to explore approximately 36,113 acres of prospective potash ground. The claim is located in the south-eastern portion of Saskatchewan\'s Prairie Evaporite formation, approximately 380 kilometres southeast of the company\'s KP441 package of claims and lies approximately 42 kilometres southwest of the Mosaic Company-Compass Mineral Group\'s K-1 and K-2 potash-salt mines. It is also located 53 kilometres west of Potash Corp. of Saskatchewan\'s Rocanville potash-salt mine. Data from the Saskatchewan Ministry of Energy and Resources indicate that EPAA KP452 is underlain by both the Belle plain and the Esterhazy potash members. The Company is currently researching if past exploratory drilling has been conducted on the claim.

\"We are very pleased with the pace at which we are receiving the permits,\" states Brian Thurston, President of Raytec. \"At this rate, we may be able to receive all of our exploration permits by the end of the summer, giving us the ability to formulate a comprehensive potash exploration and drilling program for the fall of 2008 and into 2009.\"

The company is now awaiting the receipt of exploration permits on its KP455, KP466, KP467 and KP500 claims which are contiguous with the KP441 potash claim. The company will be making announcements as each is received.

About Raytec:

Raytec Metals Corp. is a dynamic Canadian exploration company focused on the development of nearly 250,000 acres of potash claims located in Saskatchewan, Canada -- the largest producing region for potash in the world. The potash claims are located near several world-class potash mines in production since the 1960s and are directly adjacent to claims held by BHP Billiton. The company also holds iron ore projects in Ontario and uranium projects in the Athabasca Basin of Saskatchewan. Active work programs are planned for all projects in the fall of 2008.

On behalf of the Board, RAYTEC METALS CORP. \"Brian Thurston,\" President

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release. Statements in this press release, other than purely historical information, including statements relating to the Company\'s future plans and objectives or expected results, may include forward-looking statements. Forward-looking statements are based on numerous assumptions and are subject to all of the risks and uncertainties inherent in resource exploration and development. As a result, actual results may vary materially from those described in the forward-looking statements.

The securities offered have not been registered under the U.S. Securities Act of 1933, as amended, and may not be offered or sold in the United States absent registration or an applicable exemption from the registration requirements. This press release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of the securities in any State in which such offer, solicitation or sale would be unlawful.

Contact: Raytec Metals Corp. Brian Thurston Email:
This email address is being protected from spambots. You need JavaScript enabled to view it. Phone: 604-669-9330

SOURCE: Raytec Metals Corp.

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