Rainy River Resources Ltd.
TSX VENTURE : RR

Rainy River Resources Ltd.

August 31, 2005 14:03 ET

Rainy River Enters into Investor Relations Consulting Agreement with Brad Baker

VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - Aug. 31, 2005) - Nelson W. Baker, President of RAINY RIVER RESOURCES LTD. (TSX VENTURE:RR), is pleased to announce that, effective September 1, 2005, Bradley W. Baker will be acting as an Investor Relations consultant to Rainy River Resources.

Mr. Brad Baker was born and raised in Scarborough Ontario. He attended the University of Western Ontario, majoring in Economics. Mr. Baker spent seven years working as an explorationist for several junior mining companies and then spent seven years as an investment advisor for McDermid St. Lawrence Securities. While with McDermid St. Lawrence, Mr. Baker's main focus was on the mining sector, with experience in financing, analyzing and trading junior securities. Mr. Baker brings a strong sales background to Rainy River along with extensive experience in and knowledge of the mining and financial sectors.

As Rainy River's Investor Relations consultant, Mr. Baker will focus on increasing the investing public's awareness of Rainy River Resources as well as providing shareholder and investor communication services for the Company.

Rainy River signed a one year Investor Relations consulting agreement with Mr. Baker, whereby the Company will retain Mr. Baker's services for $5,000 per month. The Company has granted 75,000 stock options to Mr. Baker at a price of $0.62 for a period of two years. The options are subject to a four month hold and will vest in five tranches over a twelve month period.

Rainy River Resources Ltd. is a Canadian mineral exploration company that has recently acquired a 100% interest from Nuinsco Resources Ltd. (TSX:NWI) in the Rainy River gold and base metal property located in northwestern Ontario. The Rainy River Project presently hosts two "blind" gold-rich volcanogenic massive sulphide occurrences (the #17 Gold Zone and the 433 Zone) and one "blind" small but high grade Ni-Cu-PGE deposit. The Company considers the potential for the discovery of other "blind" gold occurrences to be high.

ON BEHALF OF THE BOARD OF DIRECTORS OF RAINY RIVER RESOURCES LTD.

Nelson W. Baker, President


The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.

Contact Information

  • Rainy River Resources Ltd.
    Mr. Nelson Baker
    President
    (604) 731-6900
    (604) 731-6999 (FAX)