Rubicon Resources Ltd. appointed Mr. Richard Carcenac to the position of Chief Executive Officer. Mr. Carcenac will also be appointed as an Executive Director on the company, effective June 16, 2015. The majority of his career was spent in marketing and operations, and included board appointments at Ingwe Collieries Ltd. 'the South African coal subsidiary of BHP Billiton Ltd' and the Richards Bay Coal Terminal Company Ltd. Mr. Carcenac's most recent position was as General Manager of BHP Billiton Worsley Alumina's Boddington Bauxite Mine in Western Australia.

Further to the Board restructure, founding Managing Director Mr. Peter Eaton will step down from his current Non-Executive role as he is now domiciled overseas. The Board would like to thank Mr. Eaton for his major contribution to the formation and development of Rubicon over the last eight years and wish him the very best for the future.