TSX VENTURE: RRX
CALGARY, June 4 /CNW/ - Ruby Red Resources Inc. ("Ruby Red" or the
"Company") is pleased to announce that Gordon Turner, P. Geo., has been
appointed to succeed Gregory Ewonus as President and Chief Executive Officer,
effective June 1, 2008.
Most recently, Mr. Turner was employed by Masters Energy Inc.,
responsible for its southern exploration projects. Prior to that, Mr. Turner
was Manager of Exploration for Sunfire Energy Corp. He is registered with the
Association of Professional Engineers, Geologists and Geophysicists of Alberta
(APPEGA). Mr. Turner has been a member of Ruby Red's board of directors since
February, 2007 and the Vice President Exploration of Ruby Red since January,
2004. Mr. Turner will continue to direct the exploration activities of Ruby
Red and will lead Ruby Red through its next stage of growth.
Mr. Ewonus commented, "Gord Turner brings more than 30 years of mineral
exploration experience to his new role. He has demonstrated strong leadership
and will make an outstanding President and Chief Executive Officer, with a
deep knowledge of the company and the mining industry." Mr. Ewonus will
continue as a director of the Company and has been appointed as Chairman of
the Company's board of directors.
"It is a privilege to take over the Presidency of Ruby Red. I would like
to thank Greg Ewonus for his efforts over the past five years to raise the
profile of the Company and to expand its work program. I look forward to
working closely with our exceptional field team of experienced geologists and
established prospectors," said Mr. Turner.
Also commenting on Mr. Turner's appointment, Kelly Kerr, a member of the
Company's board of directors, said, "I would like to thank Greg Ewonus for his
steady leadership and also to recognize the selection of a strong successor in
Gord Turner, in a time of impactful growth potential and opportunity for the
Ruby Red was formed to participate in the acquisition, exploration and
development of mineral claims in the Fort Steele Mining Division of British
Columbia for the purpose of exploring for precious and base metals. Ruby Red
holds 100% working interests in 144 mineral claims (approximately 44,000
hectares), all located within 80 kilometres of Cranbrook, B.C. in the Purcell
and Rocky Mountains.
Except for statements of historical fact, this news release contains
certain "forward-looking information" within the meaning of applicable
securities law. Forward-looking information is frequently characterized by
words such as "plan", "expect", "project", "intend", "believe", "anticipate",
"estimate" and other similar words, or statements that certain events or
conditions "may" or "will" occur. Forward-looking statements are based on the
opinions and estimates of management at the date the statements are made, and
are subject to a variety of risks and uncertainties and other factors that
could cause actual events or results to differ materially from those
anticipated in the forward-looking statements, which include but are not
limited to risks inherent in the mining industry, regulatory and economic
risks, and risks associated with the company's ability to implement its
business plan. The company undertakes no obligation to update forward-looking
information if circumstances or management's estimates or opinions should
change except as required by law. The reader is cautioned not to place undue
reliance on forward-looking statements.
THE TSX VENTURE EXCHANGE HAS NOT REVIEWED, AND DOES NOT ACCEPT
RESPONSIBILITY FOR, THE ADEQUACY OR ACCURACY OF THIS RELEASE.
For further information:
For further information: Randall Tronsgard, Vice-President, Corporate
Development of Ruby Red, at (403) 770-1346, 1-866-257-4337 or e-mail: