TORONTO, Oct. 24 /CNW/ - Richmond Minerals Inc. announces the resignation of Mr. David Mitchell from the Board of Directors, effective October 24, 2008, due to other commitments and responsibilities. We wish him well in his future endeavours.
We are pleased to announce that Mr. Paul Millar has been appointed to the Board of Directors to fill the vacancy created by the resignation of Mr. Mitchell. Mr. Millar has over twenty years of experience in the finance industry. He has been the President of York London Holdings Limited, a real estate investment company, since 1999.
We are also pleased to announce that on October 16, 2008, Mr. Ian A. Shaw was appointed Chief Financial Officer of the Company. Mr. Shaw obtained a B. Comm., in 1964 and his Chartered Accountant designation in 1969. From 1993 to present, he has been Managing Director of Shaw & Associates, a corporate service consulting firm specializing in corporate finance, regulatory reporting and compliance with public companies in the resource industry. Prior to 1993, his experience with resource based companies included serving as Vice-President, Controller and Treasurer for Curragh Inc., and Controller and Treasurer for Sherritt Gordon Mines Inc. He is also a director or officer for a number of public companies.
Richmond Minerals Inc. is engaged in base and precious metal mining and related activities, including exploration and development in Northern Ontario and Quebec.
The TSX Venture Exchange has in no way passed upon the merits of the transaction and has neither approved nor disapproved the content of this press release.
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