Dalradian Resources Inc.

Dalradian Resources Inc.

June 24, 2015 02:30 ET

Jim Rutherford Joins the Board of Dalradian Resources Inc.

TORONTO, ONTARIO--(Marketwired - June 24, 2015) - Dalradian Resources Inc. (TSX:DNA)(AIM:DALR) ("Dalradian" or the "Company") announces that Jim Rutherford has been appointed as a non-executive director of the Company, effective immediately.

Patrick F.N. Anderson, Dalradian's Chairman and CEO, commented:

"I am excited to announce the addition of Jim Rutherford to our board of directors. Jim brings exactly the right mix of skills and talent that we need to build a strong mining industry in Northern Ireland. With many years of experience in the capital markets in both London and New York and in his role as a board member of one of the largest London-listed mining companies and as a native of Belfast, Jim will be key in helping guide the future direction of Dalradian as we move our Curraghinalt gold project through to production and future growth."

Mr. Rutherford has more than 25 years of experience in investment banking and investment management, both as an institutional investor and analyst and, since November 2013, has served as a director of Anglo American plc, one of the largest UK-listed diversified mining companies. Between 1997 and 2013, he was a senior vice president of Capital International Investors (a division of Capital Group, one of the world's largest and longest established investment management companies), with responsibility for investments in the mining and metals industry. Prior to joining Capital Group, Jim was an investment analyst with HSBC James Capel's global mining team, based in New York, with responsibility for covering the Latin American mining and metals industry. He also held analyst roles with Credit Lyonnais, covering diversified industrial companies, and CRU International, covering the copper industry. He received his Bachelor of Science in Economics and Computer Science from Queen's University, Belfast (UK) and gained his Master of Arts in Development Economics from the University of Sussex (UK).

In terms of the appointment of James Edmund Rutherford (aged 55) to the board, there is no further information that is required to be disclosed pursuant to Schedule 2 paragraph (g) of the AIM Rules for Companies, save for the following:

Current directorships/partnerships

Anglo American plc

Rutherford Associates Ltd

Mr Rutherford has no current share ownership in Dalradian Resources Inc.

About Dalradian

Dalradian Resources Inc. is a Canadian incorporated gold exploration and development company that is focused on advancing its high-grade Curraghinalt Gold Project located in Northern Ireland, United Kingdom. The Company is in the midst of a work program with the goal of completing a pre-feasibility study in support of a planning application for construction of an operating mine at Curraghinalt. Components of the program include underground exploration, which incorporates approximately 1,100 metres of development and 20,000 metres of underground drilling, a pre-feasibility study and an environmental impact assessment.

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