Rebgold

Published : July 18th, 2012

Provides Update on Activity

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Re:        News Release - Wednesday, July 18, 2012
Title:     REBgold Provides Update on Activity

Toronto, Canada, July 18, 2012 -- REBgold Corporation ("REBgold" or the "Company", TSX.V: RBG) announces an update on its summer activities.

Drilling update

Three holes of Phase 2 of the 2012 drilling program have been completed in Finland. These holes targeted the mineralization at the far West end of the Osikonmaki shear zone, where mineralization was previously identified by the Geological Survey of Finland. Assays are expected back by the end of July. Positive results from these holes should allow for an expansion and conversion of the historic resources in this zone to NI 43-101 compliant resource categories. The drill rig is currently on hold for the month of July and will recommence drilling in August. When drilling re-commences, the rig will be relocated to the Eastern end of the shear zone where drilling during phase 1 identified both high grade and bulk tonnage potential. In the meantime, a geophysics program is planned to help define target potential along the Eastern end of the system.

IR Update

The Company is pleased to announce that it has engaged the services of Venture North Capital Inc. ("Venture North") to provide investor relations and shareholder communications services, effective immediately. In connection with the engagement, Venture North has been awarded a consulting contract paying $3,500 per month, and has been granted, pursuant to the Company's stock option plan, 25,000 stock options at a price of $0.40. The options will vest quarterly over one year and are subject to regulatory approval.

Stock Options

The Company also announces that, pursuant to the Company's stock option plan, the Board of Directors has approved the issuance of an additional 705,000 options to purchase common shares of the Company to directors, officers, employees and consultants of the Company. The exercise price of the options is $0.40. They are subject to a four-month hold and have a term of 5 years.

The total number of outstanding options under the Company's plan is now 1,859,500 or approximately 9% of the outstanding shares.

REBgold PROFILE

REBgold is in the process of acquiring and developing economic interests in gold assets, in particular, where it can utilize its competitive advantages, to create shareholder value.

The Company's key competitive advantages include an experienced board and management team, strategic investor backing and proprietary technology. The Company's bacterial oxidation and bioleaching technologies are commercially proven for the liberation of precious metals from difficult-to-treat sulphide ores and concentrates, with environmental and economic benefits. To date, the Company's BACOX technology has been used at three gold mines located in Western Australia, Tasmania and China.

For further information contact:
EJ Spencer
REBgold Corporation
Corporate and Investor Relations Administrator
416-646-1850 X 242

Bill Mitoulas
Investor Relations
billm@venturenorthcapital.com
416-479-9547

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.


Copyright � 2012 REBGOLD CORPORATION (RBG) All rights reserved. For more information visit our website at http://www.reb-gold.com/ or send email to info@reb-gold.com ..

Data and Statistics for these countries : Australia | Canada | China | Finland | Tasmania | All
Gold and Silver Prices for these countries : Australia | Canada | China | Finland | Tasmania | All

Rebgold

EXPLORATION STAGE
CODE : RBG.V
ISIN : CA7561832089
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Rebgold is a gold exploration company based in Canada.

Rebgold holds various exploration projects in Finland.

Its main exploration properties are KIIMALA and RANTASALMI in Finland.

Rebgold is listed in Canada. Its market capitalisation is CA$ 2.6 millions as of today (US$ 2.4 millions, € 1.7 millions).

Its stock quote reached its lowest recent point on December 24, 2008 at CA$ 0.02, and its highest recent level on December 03, 2010 at CA$ 1.50.

Rebgold has 20 176 000 shares outstanding.

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Financings of Rebgold
6/24/2013Closes Private Placement
6/1/2012Mobilizes Drill Rig And Closes First Tranche Of Private Plac...
5/8/2012Receives Lead Order for Private Placement and Proposes Share...
1/24/2012Extends Private Placement
Nominations of Rebgold
6/22/2012Appoints Director
Project news of Rebgold
9/26/2012(Rantasalmi)on Rantasalmi Gold Project
4/24/2012High Grade Gold Discovery at Osikonm=E4ki Prospect Confirmed...
2/28/2012New Drill Intercept of 9.6m averaging 10.0g/t Au within 55.5...
Corporate news of Rebgold
11/7/2013Aquila Resources & REBgold Corp. Announce Business Combinati...
4/16/2013Secures Funding for Business Development
10/17/2012Announces Final Drill Holes Expand Strike and Confirms Conti...
7/18/2012Provides Update on Activity
5/30/2012Shareholders of REBgold Approve Share Consolidation
4/18/2012Extends Terms of Convertible Debentures and Warrants
2/6/2012in the News
1/16/2012Resource Expansion Drilling Commences
12/5/2011Drill Rig Mobilized For Resource Expansion And Exploration D...
10/14/2011Extends Terms of Convertible Debentures and Warrants
10/11/2011Announces New NI 43-101 Resource Estimate for Finland Projec...
9/16/2011New High-Grade Gold Lode Discovered at Surface on Finnish Pr...
7/5/2011Additional Encouraging Results Announced on Finnish Asset un...
5/18/2011Further Positive Drilling Results Announced on Finnish Asset...
4/8/2011Issues Options
3/31/2011C:RBG REBgold 17,908,000-warrant extension
3/30/2011High Grade Drilling Results Announced on Finnish Asset under...
3/24/2011(Rantasalmi)Signs LOI with Belvedere on the Kiimala and Rantasalmi Gold ...
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