Richmond Minerals Inc. - Changes to the Board of Directors and appointment of a new Chief Financial Officer



    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.
    

    %SEDAR: 00009282E




For further information:

For further information: Birks Bovaird, President, Richmond Minerals
Inc., (416) 603-2114, info@richmondminerals.com


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