SOURCE: Ruby Creek Resources, Inc.

July 20, 2011 14:53 ET

Ruby Creek Announces New Independent Board Member

NEW YORK, NY--(Marketwire - Jul 20, 2011) - Ruby Creek Resources, Inc. (OTCBB: RBYC), an exploration and mining company with operations in Tanzania, is pleased to announce that Mr. Darren Ofsink has joined the Board of Directors.

Mr. Ofsink is co-founder of GuzovOfsink, LLC, a New York City based law firm and managing partner in its corporate transactions, securities and international practices. He is a specialist in complex securities and corporate transactions, compliance and governance as well as international transactions and offerings having worked with companies in Africa, Asia, and Europe and provides strategic counsel as well as ongoing assistance with all compliance requirements.

Mr. Ofsink comments, "Having visited Ruby Creek's project in Tanzania recently, I am excited to join the Ruby Creek team and add value in the company's future endeavors."

Robert Slavik, President and CEO of Ruby Creek Resources said, "I am pleased to add Mr. Ofsink as an independent member to our Board of Directors. I expect he will provide valuable oversight of our Company as well as assistance in our international legal affairs. Ruby Creek has made strengthening our Board of Directors a goal* and this is another step towards fulfilling another one of our 2012 goals. An independent board is required per the corporate governance rules of the American Stock Exchange to which we intend to apply for once Ruby Creek has achieved all of the listing criteria."

*Goal #8 (see April 12, 2011 press release)

About Ruby Creek Resources, Inc.
Ruby Creek Resources, Inc. (www.rubycreekresources.com) is an exploration and mining company. Ruby Creek operates in Tanzania through its subsidiaries, Ruby Creek Gold (Tanzania) Limited and Ruby Creek Resources (Tanzania) Limited. Ruby Creek is the operator of the Tanzania Gold Plateau Project, establishing operations and infrastructure, along with the permitting process in support of the full development and commencement of gold mining operations on the Project.

Forward-Looking Statements
This news release may include certain "Forward-looking statements" within the meaning of Section 21E of the United States Securities Exchange Act, as amended. All statements, other than statements of historical fact, included in this release are forward-looking statements that involve various risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. This notice expressly qualifies all forward-looking statements in this release. The Company, through its management, makes forward-looking public statements concerning its expected future operations, performance and other developments. Such forward-looking statements are necessary estimates reflecting the Company's best judgment based upon current information and involve a number of risks and uncertainties, and there can be no assurance that other factors will not affect the accuracy of such forward-looking statements. It is impossible to identify all such factors, factors that could cause actual results to differ materially from those estimated by the Company. They include, but are not limited to, government regulation, managing and maintaining growth, the effect of adverse publicity, litigation, competition and other factors, which may be identified, from time to time in the Company's public announcements.

On behalf of Ruby Creek Resources, Inc.
"Robert Slavik"
President and CEO

Contact Information

  • For Further Information Contact
    Toby Hansen
    Corporate Communications
    (212) 679 - 5711 ext 310
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