CALGARY, April 18 /CNW/ - Rich Minerals Corporation ("Rich" or the
"Corporation") whose common shares trade on the TSX Venture Exchange (the
"Exchange") under the symbol "RMC" is pleased to announce that Mr. Gary
Voncina has been appointed Vice President of the Corporation effective
April 16, 2007.
Mr. Voncina previously worked for Richardson Greenshields, RBC Dominion
Securities and most recently TD Waterhouse for a combined 25 years. Mr.
Voncina's duties included corporate financing and deal structuring with
private and public companies. He has successfully participated in brokered and
non-brokered private placements and prospectus offerings with retail and
institutional investors. Mr. Voncina has experience in both oil and gas and
mining corporations and has held board member positions of both public and
"I am very excited to join Rich Minerals Corporation in its pursuit of
international oil and gas projects. I believe that my portfolio of financial
and business development contacts, and the quality of the projects presented
to Rich, will contribute to an increase in shareholder value."
Subject to obtaining approval from the Exchange, the Corporation will be
granting Mr. Voncina an option to purchase 300,000 common shares of the
Corporation at an exercise price of $0.16, which options have a term of five
(5) years and are subject to vesting provisions.
The TSX Venture Exchange does not accept responsibility for the
adequacy or accuracy of this release.
For further information:
For further information: regarding this press release, please contact
the following officer of the Corporation: Gary Voncina, Rich Minerals
Corporation, 4100 - 6A Street N.E., Calgary, Alberta, T2E 4B1, Telephone:
(403) 531-9100, Facsimile: (403) 531-9699