SPOKANE VALLEY, WA, June 18 /CNW Telbec/ - Revett Minerals Inc.
(TSX:RVM/OTCBB:RVMIF) ("Revett" or the "Company") is pleased to announce that
at its annual and special meeting of the shareholders held on June 16, 2009,
shareholders of the company approved all resolutions put before them by
Directors elected at the AGM are, John G. Shanahan, David R. Lewis,
Timothy R. Lindsey and new director Tony L. Alford.
Mr. Alford is the Founder and President of PBA Consultants, Inc. since
April 1996, a consulting firm specializing in tax savings and cost reduction
services, for many of the fortune 500 companies across the USA. He is also the
Founder and CEO of Alford & Associates Inc., a natural resource and real
estate investment company. Mr. Alford attended Elon College in North Carolina
and Liberty University, in Virginia where he studied business management and
marketing. He currently serves as a board member for Wachovia Bank of NC, a
Wells Fargo Company and several non profit organizations.
John Shanahan, President/CEO stated, "I would like to welcome Tony to the
board; his years of business leadership and experience will be an invaluable
asset to the Company as we move forward. I would also like to thank Bill
Orchow, Daniel Tellechea and John Hick for their time and commitment and wish
them well with their future endeavors."
Shareholders also reappointed KPMG LLP, Chartered Accountants, as
auditors of the Company and approved an amendment to the Company's equity
Revett Minerals, through its subsidiaries, owns and operates the
currently producing Troy Mine and development-stage Rock Creek Project, both
located in northwestern Montana, USA. The proven copper-silver reserves at the
Troy Mine and significant copper-silver resources at the Rock creek project
will form the basis of our plan to become a solid mid-tier base and precious
metals producer. Revett plans on expanding production through exploration in
and around its current properties, as well as through targeted business
combinations of advanced stage projects.
President & CEO
Except for the statements of historical fact contained herein, the
information presented in this press release may contain "forward-looking
statements" within the meaning of applicable Canadian securities legislation
and The Private Securities Litigation Reform Act of 1995. Generally, these
forward looking statements can be identified by the use of forward-looking
terminology such as "plans", "expects", or "does not expect", "is expected",
"is not expected", "budget", "plans", "schedule", "estimates", "forecasts",
"intends", "anticipates", "or does not anticipate" or "believes" or variations
of such words and phrases or state that certain actions, events or results
"may", "could", "would", "might" or "will ", "occur" or "be achieved". Actual
results and developments could be affected by development risks and production
risks, our challenging working capital position and our inability to continue
to fund operations, as well as those factors discussed in the section entitled
"Risk Factors" in the Form 10-K filed on SEDAR at www.sedar.com and with the
SEC on EDGAR. Although the Company has attempted to identify important factors
that could cause actual results to differ materially, there may be other
factors that cause results not to be as anticipated, estimated or intended.
There can be no assurance that such statements will prove to be accurate
results and future events could differ materially from those anticipated in
such statements. Accordingly, readers should not place undue reliance on
forward-looking statements. Revett Minerals does not undertake to update any
forward-looking statements that are incorporated by reference herein, except
in accordance with applicable securities laws.
For further information:
For further information: Doug Ward, VP Corporate Development; Monique
Hayes, Corporate/Investor Communications, (509) 921-2294;