Redcorp Ventures Ltd.
TSX : RDV

Redcorp Ventures Ltd.

August 30, 2007 09:01 ET

Redcorp Ventures Ltd.: Appointment of New Director

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Aug. 30, 2007) - The Board of Directors of Redcorp Ventures Ltd. (TSX:RDV) is pleased to welcome Mr. Peter Dey to the Board.

Mr. Dey, an experienced financial and legal advisor, is Chairman of Paradigm Capital Inc., an independent investment dealer. In addition, Mr. Dey is Chairman of Addax Petroleum Corporation and a Director of Goldcorp Inc.

"Peter's wealth of experience in securities law and the financial sector will be a major asset for the Company," said Ken Lowe, Chairman of Redcorp. "Peter's decision to join the board underscores the commitment and support we have received from Paradigm in our corporate financing activities and our current work to develop the Tulsequah Chief Mine. I am extremely pleased to welcome him to our Company."

Mr. Dey's past positions include Chairman of the Ontario Securities Commission, Chairman of Morgan Stanley Canada and he was a Senior Partner of Osler, Hoskin & Harcourt. In 1994 Mr. Dey was Chairman of the Toronto Stock Exchange Committee on Corporate Governance and has since been involved with developing global corporate governance standards as Vice Chairman of the OECD Task Force on Board Room Practices and as Chairman of the Private Sector Advisory Group of the Global Corporate Governance Forum.

Mr. Dey holds a Master of Laws degree from Harvard Law School, a Bachelor of Laws degree from Dalhousie University and a Bachelor of Science degree from Queen's University.

Redcorp Ventures Ltd. is a Vancouver-based mineral exploration and development company with active projects in British Columbia and Portugal. Further information on Redcorp and its projects can be obtained on Redcorp's website at www.redcorp-ventures.com or by calling toll-free to Troy Winsor, Manager of Investor Relations, at 1-888-225-9662.

Contact Information

  • Redcorp Ventures Ltd.
    Terence Chandler
    President and Chief Executive Officer
    (604) 669-4775 or Toll Free: 1-888-669-4775
    (604) 669-5330 (FAX)
    Website: www.redcorp-ventures.com