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Corporate Update

Richmond Minerals Inc. (“Richmond” or the “Company”)  is very pleased to announce that Mrs. Victoria Kuklina has been appointed Chief Financial Officer for the Company. Mrs. Kuklina is a Certified General Accountant, and is an expert IFRS consultant for a number of publically and privately held corporations. To accommodate the appointment of Mrs. KuklinaMr. Andrew McQuire has agreed to step down as interim Chief Financial Officer. Mr. McQuire will continue to sit on Richmond’s board to act as an independent director, and the management of Richmond thanks him for his efforts on behalf of the Company.

Cautionary Note Regarding Forward-Looking Statements: Certain disclosure in this release constitute forward-looking statements. In making the forward-looking statements in this release, the Company has applied certain factors and assumptions that are based on the Company’s current beliefs as well as assumptions made by and information currently available to the Company. Although the Company considers these assumptions to be reasonable based on information currently available to it, they may prove to be incorrect, and the forward-looking statements in this release are subject to numerous risks, uncertainties and other factors that may cause future results to differ materially from those expressed or implied in such forward-looking statements. Such risk factors include, among others, that the litigation will be resolved. Readers are cautioned not to place undue reliance on forward-looking statements. The Company does  not  intend, and  expressly disclaims any  intention or  obligation to,  update or  revise  any  forward-looking statements whether as a result of new information, future events or otherwise, except as required by law.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release.

On Behalf of Richmond Minerals,

Franz Kozich

SOURCE: Richmond Minerals Inc.

For further information:133 Richmond Street West, Suite 403
Toronto, Ontario, Canada M5H 2L3
Phone: (416) 603-2114
Fax: (416) 603-8436

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