Rainy River Resources, Ltd.

Published : October 01st, 2013

Resources Appoints New Officers

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Rainy River Resources Appoints New Officers

RR.TSX

TORONTO, Oct. 1, 2013 /CNW/ - Rainy River Resources Ltd. ("Rainy River") (TSX:RR) today announces the appointment of six new officers: Robert Gallagher, President and Chief Executive Officer; Brian Penny, Chief Financial Officer; Lisa Damiani, Vice President and Secretary; Hannes Portmann, Vice President; Barry O'Shea, Vice President; and Martin Wallace, Treasurer. The newly appointed officers will replace the majority of Rainy River's previous group of senior officers.

New Gold Inc. ("New Gold") owns approximately 100.9 million, or 97.5%, of Rainy River's outstanding shares, with the balance in the process of being acquired by way of compulsory acquisition under the Business Corporations Act (British Columbia). All of the new officers of Rainy River are officers of New Gold.

The compulsory acquisition of the balance of the Rainy River shares remains on schedule for completion by mid-October, at which point New Gold would consolidate its ownership in 100% of Rainy River.

CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS

Certain information contained in this news release, including any information relating to New Gold's future financial or operating performance may be deemed "forward looking". All statements in this news release, other than statements of historical fact, that address events or developments that New Gold expects to occur, are "forward-looking statements". Forward-looking statements are statements that are not historical facts and are generally, but not always, identified by the use of forward-looking terminology such as "plans", "expects", "is expected", "scheduled", "estimates", "intends", "anticipates", "believes" or variations of such words and phrases or statements that certain actions, events or results "may", "could", "would", "should", "might" or "will be taken", "occur" or "be achieved" or the negative connotation. Forward looking statements in this news release include statements regarding the compulsory acquisition of Rainy River. All forward-looking statements in this news release are based on the opinions and estimates of management as of the date such statements are made and are subject to important risk factors and uncertainties, many of which are beyond New Gold's ability to control or predict. Forward-looking statements are necessarily based on estimates and assumptions that are inherently subject to known and unknown risks, uncertainties and other factors that may cause actual results, level of activity, performance or achievements to be materially different from those expressed or implied by such forward-looking statements. Such factors include, without limitation: applications made by any remaining shareholders in connection with the compulsory acquisition and additional funding requirements, as well as "Risk Factors" included in New Gold's disclosure documents filed on and available at www.sedar.com.

Forward-looking statements are not guarantees of future performance, and actual results and future events could materially differ from those anticipated in such statements. All of the forward-looking statements contained in this news release are qualified by these cautionary statements. New Gold expressly disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, events or otherwise, except in accordance with applicable securities laws.

SOURCE Rainy River Resources

For further information:

RAINY RIVER RESOURCES LTD.

For further information, please contact:
Hannes Portmann
Vice President, Corporate Development
Direct: 1 (416) 324-6014
Email:� info@newgold.com

 

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Rainy River Resources, Ltd.

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Rainy River is a gold and silver exploration company based in Canada.

Its main exploration properties are TI-PA-HAA-KAA-NING (TPK) and RAINY RIVER in Canada.

Rainy River is listed in Canada and in United States of America. Its market capitalisation is CA$ 3.0 millions as of today (US$ 2.4 millions, € 2.1 millions).

Its stock quote reached its highest recent level on April 29, 2011 at CA$ 9.92, and its lowest recent point on May 12, 2022 at CA$ 0.03.

Rainy River has 99 973 000 shares outstanding.

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In the News and Medias of Rainy River Resources, Ltd.
6/17/2010Rainy River Resources Ltd
Annual reports of Rainy River Resources, Ltd.
2008 Annual report
Annual Report 2007
Financings of Rainy River Resources, Ltd.
11/13/2012Announces $75 Million Bought Deal Financing
8/17/2010Announces Flow-Through Share Financing
2/19/2010Announces Increased Size of Private Placement
11/2/2009Closes Flow-Through Share Financing
10/7/2009Announces Flow-Through Share Financing
8/2/2007Closes $35 Million Bought Deal Financing
Option Grants of Rainy River Resources, Ltd.
2/17/2010Grants Stock Options
2/12/2009Announces Grant and Repricing of Stock Options
11/14/2008Grants Stock Options
8/25/2008Grants Stock Options
Nominations of Rainy River Resources, Ltd.
6/17/2010Appoints Two Independent Directors
5/18/2010Announces Appointment of Nicholas
4/9/2010Announces Appointment of Director of Environment and Sustain...
12/11/2009Appoints Garett Macdonald as Vice President Operations
10/7/2009Appoints Liz Caridi as Director of Investor Relations & Corp...
4/23/2007Appoints Dale C. Peniuk, CA to Board
Project news of Rainy River Resources, Ltd.
7/10/2013(Rainy River)TheMétisNation of Ontario and Rainy River Resources Sign Mem...
7/10/2013The Métis Nation of Ontario and Rainy River Resources Sign M...
5/31/2013(Rainy River)New Gold Agrees to Acquire Rainy River Resources Growing Gol...
5/29/2013Resources announces results of annual meeting
5/29/2013Rainy River Resources announces results of annual meeting
4/11/2013Rainy River Resources Completes Feasibility
4/8/2013Resources Announces Date of Annual General Meeting
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4/2/2013Resources' Intrepid Zone infill intersects 15.5 g/t gold and...
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3/22/2013Resources Adopts Advance Notice Policy
3/22/2013Rainy River Resources Adopts Advance Notice
2/20/2013Resources' Intrepid Zone continues to intersect high grade g...
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2/11/2013Resources Provides Update on 2013 Planned Activities
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11/8/2012Rainy River Resources Extends Intrepid Gold-Silver Zone 125 ...
10/10/2012Rainy River Resources Announces 6.2 Million Ounces of Gold i...
8/30/2012Resources' Project Updated With Higher Grades and Lower Cost...
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6/8/2012Resources and Northern SuperiorResources Announce Completion...
5/29/2012Resources Intersects 4=2E5 g/t G =?ISO-8859-1?Q?old=20Over=2...
4/3/2012(Rainy River)Resources Signs Participation Agreement with Rainy River Are...
3/28/2012Resources Intersects Significant M =?ISO-8859-1?Q?ineralizat...
3/5/2012Resources Announces Management Appointments
3/2/2012Resources Announces Exercise of $26 MM in Warrants
2/24/2012Resources Announces 5=2E72 Million Ounces of Gold in Measure...
2/7/2012Resources Adopts New Shareholder Rights Plan
2/2/2012Resources Intersects 1=2E7 g/t Gold & 7=2E9 g/t Silver Over ...
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1/16/2012Resources Intersects 6=2E7 g/t G =?ISO-8859-1?Q?old=20Over=2...
9/29/2011Resources Ltd=2E Reports Platinum and Palladium Values at Pi...
9/19/2011Resources Ltd=2E Announces the Discovery of High Grade Nicke...
9/16/2011Resources Conditionally Approved to Graduate to the TSX
9/12/2011Resources Ltd=2E Intersects 255=2E0 g/t Gold Over 1=2E5 Metr...
8/16/2011Resources Files Technical Report to Support Mineral Resource...
7/13/2011Resources Expands Western Area With 15=2E9 g/t gold and 41=2...
6/29/2011Resources Announces Updated Mineral Resource Statement
6/18/2011Resources Clarifies Details of Resource Disclosure
6/7/2011Resources Announces Option Grant
5/13/2011Engages BBA Inc=2E and AMEC to Complete Preliminary Economic...
4/3/2011(Rainy River)2011 Exploration Program Expanded to 170,000 Metres
2/24/2011(Rainy River)Announces Updated Mineral Resource Statement
2/4/2011(Ti-pa-haa-kaa-ning (tpk))and Northern Superior Announce Final Phase 1 Results and Com...
7/20/2010Intersects 51.2 g/t Gold Over 1.5 Metres in ODM17 Zone
6/9/2010(Rainy River)Intersects 128.5 g/t (4.13 oz/t) Gold Over 5.5 Metres in 433...
4/20/2010(Rainy River)Identifies Strong New Gold Targets by RC Drilling
3/24/2010(Rainy River)Announces High-Grade Gold Results and Continued Exploration ...
12/16/2009(Rainy River)Intersects More High-Grade Gold
11/9/2009(Rainy River)Intersects High Grade Gold Near Surface in Cap Zone
10/6/2009Announces Results From Ten New Drill Holes
9/8/2009(Rainy River)Announces Results of Infill and Exploration Drilling and Pro...
7/13/2009(Rainy River)43-101 Report Filed on SEDAR
5/27/2009(Rainy River)Receives Gold Resource Update: Indicated Resources Increase ...
3/11/2009(Rainy River)Discovers Another Strong Gold Zone With Drill Hole NR09-329 ...
1/27/2009(Rainy River)Reports Further Drill Results From Main Resource Area; Two D...
1/20/2009Confirms Two New High-Grade Gold Zones With First Holes Test...
9/16/2008(Rainy River)Robust Gold Intersection Recorded on the Bayfield "Burns Blo...
9/9/2008(Rainy River)New High Grade Gold Discovery for Rainy River
7/9/2008(Burns Block (rainy River))First Round of Drilling in Rainy's Off Lake Area Confirms Re...
6/19/2008(Burns Block (rainy River))Further Increases Land Position
6/2/2008(Burns Block (rainy River))Reports Wide, Near-Surface Gold Interval From 17/ODM Zone
5/27/2008Reports Wide, High-Grade Gold Intersection in 433 Zone
4/23/2008(Burns Block (rainy River))Reports Further Drill Results From Richardson Township: 433 ...
2/14/2008(Burns Block (rainy River))433 Zone Drilling Update Rainy's NR07-218 Intersects Highest...
2/13/2008(Burns Block (rainy River))Positive Metallurgical Report for Rainy River's 17/ODM Zone
1/29/2008(Burns Block (rainy River))433 Zone Drilling Update; Rainy Records Another Impressive G...
11/28/2007(Burns Block (rainy River))Two Deep Holes Below 400 M level in Rainy's 17/ODM Zone Inte...
11/5/2007Intersects a 4.0-Metre Wide Semi-Massive Sulphide Horizon Gr...
10/15/2007(Burns Block (rainy River))Discovers New Gold Zone in Step-Out Drill Hole
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5/29/2007(Burns Block (rainy River))Intersects 55.7 Metres of 4.01 g/t Gold in "ODM Zone" and 10...
5/17/2007Intersects 28.9 Meters Grading 5.19 g/t Gold in 433 Zone ODM...
5/2/2007Diamond Drilling to Commence on Block "B" in May, NW Ontario
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Corporate news of Rainy River Resources, Ltd.
10/1/2013Resources Appoints New Officers
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7/25/2013(Rainy River)New Gold Acquires 86% of Rainy River and Extends Offer to Au...
5/24/2013Rainy River Resources Provides Project Update
5/14/2013Resources' Latest Results from Intrepid Zone Highlight Quali...
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4/11/2013Resources Completes Feasibility Study: Establishes Intermedi...
10/15/2012Rainy River Resources Files Technical Report to Support Prel...
10/11/2011Resources Announces Appointment of Michael Mutchler as Chief...
7/6/2011Resources Intersects 1,335.0 g/t Gold & 76.7 g/t Silver Over...
6/6/2011Resources Announces Appointment of Director of Investor Rela...
4/13/2011and Northern Superior Announce Initial Assays and the Comple...
8/19/2010Announces Board Approval of Increased Exploration Budget
5/31/2010Announces Retirement of Nelson B
5/12/2010and Fort Frances Chiefs Secretar
3/18/2010Reports AGM Results
2/25/2010Announces Closing of $55 Million Private Placement
2/22/2010Announces Final 2009 Drill Results
12/10/2009Provides Update on 2009 Exploration Activities, Corporate De...
12/1/2009Drilling Continues to Expand Resource Potential
6/23/2009Announces Retirement of Nelson W=2E Baker as CEO and Preside...
6/16/2009Resources Ltd=2E: Infill Drilling Between ODM/17 and HS/433 ...
6/4/2009Completes Buy-Out of NSR Royalty
5/13/2009Announces Buy-Out of NSR Royalty
12/1/2008Announces Buyout of Royalty and Bonus Payment
8/18/2008Announces Normal Course Issuer Bid
7/29/2008Defines Two Major New Gold-in-Till Anomalies and Adds to Glo...
6/12/2008Resources Investor Relations Services
4/30/2008CORRECTION FROM SOURCE: Rainy River to Drill New Goldbearing...
3/18/2008's 433 Gold Zone Demonstrates Strong Continuity Along Strike...
2/28/2008Announces Initial Resource Estimat =?ISO-8859-1?Q?e=20for=20...
1/21/2008Reports Results of 11 Drill Ho =?ISO-8859-1?Q?les=20Complete...
12/17/2007and Western Warrior Enter Into =?ISO-8859-1?Q?=20Option=20Ag...
12/10/2007Launches Ground Based Geophysical Surveys Designed to Penetr...
12/3/2007 and Bayfield Ventures Sign Option Agreement on Burns Block ...
11/13/2007 Drilling on ODM/17 Zone Continues to Intersect Strong Gold ...
10/11/2007 Agreement on Additional Gold Property, NW Ontario
10/1/2007Metallurgical Testing, High Sensitivity Airborne Gradiometer...
9/27/2007President Updates Ongoing Rainy River Drill Program, NW Onta...
7/17/2007CORRECTION FROM SOURCE: Deep Intersection in Rainy's 17 Zone...
7/17/2007Deep Intersection in Rainy's 17 Zone Returns 16.5 m Grading ...
4/30/2007Drilling to Commence in May on Rainy River Claim, NW Ontario
2/22/2007to Test New Gold-Bearing Base =?ISO-8859-1?Q?Metal=20Target...
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