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RPT

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Share Name Share Symbol Market Type
TSXV:RPT TSX Venture Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0 -

RPT Resources Appoints New President

13/08/2010 8:22pm

Marketwired Canada


RPT Resources Ltd. (TSX VENTURE:RPT) ("RPT") announces that Ms. Michelle Gahagan
has been appointed President of RPT effective immediately to replace Nelson
Baker who has been acting as interim President of RPT. Mr. Baker will remain on
the board of directors of RPT.


Ms. Gahagan is a graduate of Queen's University Law School. Ms. Gahagan has
practiced corporate law since 1986, articled at Boughton and Company and was
also associate counsel to the Vancouver firm of Douglas Symes & Brissenden. Ms.
Gahagan has also successfully completed the Canadian Securities Course and the
Investment Management Certificate (UK) program.


Ms. Gahagan also currently sits on the board of Cellstop Systems Inc., EShippers
Management Ltd., Northern Rand Resource Corp., Bowood Energy and RPT Resources
Ltd. Ms. Gahagan has served as a board member of Chalk Media, Vancity Capital
Corporation, Scotiabank Resource Center for Women Entrepreneurs, Young
Entrepreneurs Organization and is a member of the Canadian Bar Association and
the Law Society of British Columbia.


RPT wishes to clarify that the option granted to Kennecott Canada Exploration
Inc. on RPT's Sibley Basin claims was not subject to regulatory approval as
stated in RPT's news release of August 10, 2009. The option was an exempt
transaction under TSX Venture Exchange policies and Exchange approval was not
sought or received.


Marshall R. Bertram, CFO and Director

This release includes certain statements that may be deemed to be
'forward-looking statements' within the meaning of the U.S. Private Securities
Litigation Reform Act of 1995. All statements in this release, other than
statements of historical facts, that address future production, reserve
potential, exploration and development activities and events or developments
that the Corporation expects, are forward-looking statements. Although
management believes the expectations expressed in such forward-looking
statements are based on reasonable assumptions, such statements are not
guarantees of future performance, and actual results or developments may differ
materially from those in the forward-looking statements. Factors that could
cause actual results to differ materially from those in forward-looking
statements include market prices, exploration and development successes,
continued availability of capital and financing, and general economic, market or
business conditions. Please see our public filings at www.sedar.com for further
information.


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