Rogue Iron Ore Provides Corporate Update
VANCOUVER, BRITISH COLUMBIA--(Marketwired - July 29, 2013) - Rogue Iron Ore Corp. (TSX VENTURE:RRS) ("Rogue" or the "Company") wishes to announce that Freeman Smith has resigned as CEO, President and as a director of the Company in order to pursue other opportunities. The Board of Directors would like to thank Mr. Smith for his services and wish him success in his future endeavors.
Mr. John de Jong, a director of the Company and chair of its Compensation Committee, has been appointed interim CEO and President. Mr. de Jong has worked in the mining industry as a Chief Operations Officer, CFO, and CEO for a number of mineral exploration companies and has managed exploration and mining operations in Yukon and British Columbia. He has mandated that the process of identifying and evaluating a number of available and strategic alternatives for the Company to begin immediately.
The Company also wishes to announce that Mr. Larry Johnson has resigned as Chief Financial Officer. The Board appreciates the work and financial guidance that Larry provided Rogue. Ms. Gordana Scekic, CGA, has been appointed CFO for the Company. She is a Certified General Accountant with a Bachelor of Science in Economics who has worked exclusively in the mineral exploration industry since 2005. Ms. Scekic has an extensive and diverse professional background in financial reporting, analysis, and budgeting, as well as establishing and supervising accounting departments. She has worked in the financial field as an Investment officer, Chief of a Financial Department, and Chief Accountant. Currently, Ms. Scekic works as a Senior Accountant for several publically traded mineral exploration companies.
The Company will be providing an update on recent exploration results as well as various corporate initiatives in the near future.
ABOUT ROGUE IRON ORE
Rogue Iron Ore Corp. is a Canadian exploration and development company with offices in Vancouver, British Columbia and Timmins, Ontario. Rogue's flagship asset, the Radio Hill iron ore project, has exceptional infrastructure support which includes a highway, power, water, natural gas and an active railway siding on site providing access to the CN Rail mainline. The project is competitively positioned to access North American and overseas markets.
The Company has a diverse project portfolio of properties including its wholly owned Langmuir nickel deposit in Ontario, a zinc-lead-copper discovery in Bathurst, New Brunswick and a number of gold properties near Timmins, Ontario, Kirkland Lake, Ontario and Val-d'Or, Quebec.
ON BEHALF OF THE BOARD OF DIRECTORS
John de Jong, CEO & President
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Cautionary Note Regarding Forward Looking Statements: Certain disclosure in this release constitutes 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, including that the Company is able to obtain any government or other regulatory approvals required to complete the Company's planned exploration activities or the Private Placement, that the Company is able to procure personnel, equipment and supplies required for its exploration activities in sufficient quantities and on a timely basis and that actual results of exploration activities are consistent with management's expectations. 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 actual results of the Company's exploration activities will be different than those expected by management and that the Company will be unable to obtain or will experience delays in obtaining any required government approvals or be unable to procure required equipment and supplies in sufficient quantities and on a timely basis, or be able to close the Private Placement and receive the requisite governmental or regulatory approvals. 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.