Red Mile Minerals Corp.

Red Mile Minerals Corp.

June 27, 2012 17:39 ET

Red Mile Minerals Announces Election of Directors and Officers

VANCOUVER, BRITISH COLUMBIA--(Marketwire - June 27, 2012) - Red Mile Minerals Corp. (the "Company") (TSX VENTURE:RDM) announces that at the Annual General Meeting ("AGM") of the shareholders held on May 29, 2012, the following persons were elected as directors: John V. Hickey, Kerry Sparkes, Peter Tallman, John Heslop and Michael J. Meredith. The Company's Stock Option Plan was also approved until the next AGM, subject to filing with the TSXV.

John V. Hickey was reappointed as President & Chief Executive Officer of the Company and Michael J. Meredith was appointed as Corporate Secretary. The Board has also appointed David McDonald as Chief Financial Officer.

About Red Mile Minerals

Red Mile Minerals is a tightly held mineral exploration company with a gold property along the prolific Destor-Porcupine gold-producing region in Ontario and the Dorset Property in Baie Verte, Newfoundland. Red Mile continues to seek additional mineral exploration opportunities where the Company's exploration expertise and corporate share structure has the potential to substantially enhance shareholder value. Currently there are 17,125,000 shares issued and outstanding.

On behalf of the Board of Red Mile Minerals Corporation

John Hickey, President and CEO

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.

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