Richview Resources Inc.

Richview Resources Inc.

August 23, 2005 14:50 ET

Richview Resources Inc.: Press Release

TORONTO, ONTARIO--(CCNMatthews - Aug. 23, 2005) - Richview Resources Inc. ("Richview") announced today the appointment of Michael Newbury as the company's Chief Executive Officer.

Mr. Newbury has 35 years experience in the financial and natural resource sector. Since 1993 Mr. Newbury has been an independent consultant providing financial advisory services in the natural resources industries to assist companies to structure joint ventures and finance projects. He specializes in corporate structuring, mergers and acquisitions, evaluation and project financing. Prior to 1993 Mr. Newbury held senior managerial positions with various financial institutions such as Credit Suisse Canada, the Royal Bank of Canada, Barclays Bank of Canada and Hiram Walker Resources Ltd. He has also held a variety of positions in the natural resources industry, primarily engaged in the evaluation of assets and the exploitation of petroleum and mineral resources. Mr. Newbury has a B.Sc. from Queen's University and a M.Sc. and Ph.D. from McGill University. He is a professional engineer in Ontario and a member of CIMM and of the American Institute of Mining and Petroleum Engineers.

Richview is a mineral exploration company focused on the acquisition, exploration and development of mineral resources, primarily gold and base metals. The company currently holds several mining interests including a 51% beneficial interest, with an option to acquire an additional 24% interest, in the Thierry Mine located in the Pickle Lake area of northern Ontario, located north of Thunder Bay.

Some of the statements contained in this release are forward-looking statements, such as estimates and statements that describe Richview's future plans, objectives or goals, including words to the effect that Richview or management expects a stated condition or result to occur. Since forward-looking statements address future events and conditions, by their very nature, they involve inherent risks and uncertainties. Actual results in each case could differ materially from those currently anticipated in such statements.

Contact Information

  • Richview Resources Inc.
    Michael Newbury
    416) 703-5435