Renaissance Gold Inc: Announces Management Changes
White Rock - Renaissance Gold Inc. (“RenGold” or the “Company”) is pleased to announce that the Board of Directors has appointed Ronald L. Parratt to the office of President and Chief Executive Officer and Richard L. Bedell as Executive Vice President. Both Ron and Richard will continue as Directors of the Company. The return of Ron Parratt to RenGold’s management team will greatly enhance its efforts to identify exploration properties and attract joint venture partners at a time when there is increased interest in gold exploration in Nevada. Ron has played a significant role in a number of gold discoveries in Nevada over the past 35 years, most recently at Long Canyon as President and CEO of AuEx Ventures Inc. RenGold recently closed a private placement for gross proceeds of C$1,715,000. With the increased interest in the market sector in general and a healthier cash treasury, RenGold will focus over the next twelve months on upgrading its portfolio of exploration projects to attract earn-in funding partners. RenGold will also increase its generative exploration program to increase the property portfolio.
Commenting on the changes, Ron Parratt stated “I look forward to continuing to execute our proven strategy and, in my new role, to more actively participate in identifying new exploration and corporate opportunities for the Company and to work in concert with Richard and the rest of our technical team.”
Richard L. Bedell adds “With Ron overseeing the business of RenGold, I look forward to again focussing my efforts on the technical side of the business with more time to execute our motto "Refining the Art of Mineral Exploration". RenGold’s exploration team lives and works in Nevada, has superior understanding of Nevada geology, has built an extensive network of professional relationships, and can identify and secure properties in Nevada as well as anyone in the mining sector.”
About Renaissance Gold Inc.
Renaissance Gold Inc. is a gold/silver exploration company that has a large portfolio of exploration projects in Nevada and Utah. RenGold’s objective is to place the projects in exploration earn-in agreements with industry partners who provide exploration funding. RenGold applies the extensive exploration experience and high-end technical skills of its founders and team members to search for and acquire new precious metal exploration projects that are then offered for joint venture.
Renaissance Gold Inc.
By: Ronald L. Parratt, President and CEO
For further information, contact:
Ronald L. Parratt, 775-337-1545 or rparratt@rengold.com
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 release.
Source: Renaissance Gold Inc. (TSX Venture:REN)