02:10:51 EDT Fri 03 May 2024
Enter Symbol
or Name
USA
CA



Rupert Resources Ltd
Symbol RUP
Shares Issued 203,889,423
Close 2024-04-03 C$ 4.10
Market Cap C$ 835,946,634
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Rupert Resources director Ogilvie retires

2024-04-03 17:41 ET - News Release

Mr. James Withall reports

RUPERT RESOURCES ANNOUNCES BOARD CHANGE

George Ogilvie has retired from the board of Rupert Resources Ltd. as non-executive director. He will continue to focus on his role as chief executive officer of Arizona Sonoran Copper Company Inc. Mr. Ogilvie's roles as chair of the technical and remuneration committees have been assumed by Andre Lauzon and Bill Washington, respectively.

Gunnar Nilsson, the chairman of Rupert Resources, said: "George Ogilvie's tenure on the board of Rupert Resources since June, 2020, has seen delineation of the world-class four-million-ounce Ikkari deposit, financings totalling over $120-million and the completion of a preliminary economic assessment for Ikkari showing a potential value of $1.6-billion. We thank George for his contribution on the board and particularly for his leadership on the technical and remuneration committees and his valuable insights on various corporate matters over the past four or so years. We wish him well for the future."

George Ogilvie, departing non-executive director, said, "I would like to extend my thanks to the board and management of Rupert, and wish the company well with their endeavours to progress the world-class Ikkari discovery towards production."

About Rupert Resources Ltd.

Rupert Resources is a gold exploration and development company listed on the Toronto Stock Exchange under the symbol RUP. The company is focused on making and advancing discoveries of scale and quality with high-margin and low-environmental-impact potential. The company's principal focus is Ikkari, a new high-quality gold discovery in northern Finland. Ikkari is part of the company's Rupert Lapland project, which also includes the Pahtavaara gold mine, mill and exploration permits.

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