The Board of Directors of Rugby Mining Limited announced that it has accepted the resignation of Mr. Peter Love as President. Mr. Bryce Roxburgh, who formerly held those roles will resume this Position. He will step down as Co-chairman, leaving Yale Simpson as Chairman.

As a founder and major shareholder of Rugby, Bryce will provide the decisive leadership and experience to the role that the Board demands. Bryce was formerly a founder of both Exeter Resource Corp. and Extorre Gold.