OTTAWA, ONTARIO--(Marketwire - Sept. 20, 2012) -
NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES.
Red Ore Gold Inc. ("RXX") today announced that Robin Dow has relinquished his position as CEO and the Board is pleased to announce the appointment of Larry Hoover as President and CEO of the Company. Mr. Hoover has been a director of the Company since January 2011. Mr. Dow is relinquishing his position as CEO due to the expected increase in workload as a result of the conditional listing of RXX and the successful completion of the concurrent financing.
Mr. Dow, who remains as Chairman, reports: "I am extremely pleased to see Larry take on the responsibility of growing the Company from the strong base established to date. Larry's scientific background, coupled with his enthusiasm, will bring focused direction for the Company".
Mr. Hoover is an analytical chemist, who for the past 5 years, has focused primarily on consulting for junior mineral explorers providing diverse services including research and analysis, report generation, investor relations, and fund-raising assistance. Mr. Hoover is also a director of Galahad Metals Inc.
For further information, please go to www.redoregold.com.
This press release contains certain forward looking statements regarding the listing of the common shares of RXX on the Exchange that involve a number of risks and uncertainties. Actual events or results could differ materially from RXX's expectations and projections. There can be no assurance that the common shares of RXX will be listed for trading on the Exchange.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this press release.