RED BACK APPOINTS NEW CFO
AND VP CORPORATE DEVELOPMENT
September 5, 2007...
(RBI – TSX) – Red Back Mining Inc. (the “Company”
or “Red Back”) is pleased to advise of changes
to the senior management team.
Alessandro Bitelli has been
appointed Chief Financial Officer effective immediately. Mr Bitelli is a
Chartered Accountant with over 12 years experience in the resource
industry. Previously he worked for international chartered accounting
firms for 13 years.
Simon Jackson, Red Back's CFO
for the past eight years, will take up the position of Vice President,
Corporate Development. Mr Jackson has over 20 years experience in the
resource industry and has been instrumental in Red Back's move to Canada and
the Company’s continuing transition to a mid tier gold producer.
Commenting on the management
appointments, Richard Clark, President and CEO said: "We are delighted
that Alessandro has joined Red Back's senior management team. He brings
strong financial and leadership skills to the Company during a period of
significant growth for Red Back. Simon's move to the Corporate
Development role is important in facilitating Red Back's continued aggressive
development strategy. We are excited about the opportunities for Red Back
going forward and the strengthening of the senior management team will allow us
to maximize these opportunities."
FORWARD-LOOKING INFORMATION
This press release contains “forward-looking
information” that is based on Red Back’s current expectations,
estimates, forecasts and projections. This forward-looking information
includes, among other things, statements with respect to Red Back’s
plans, outlook and business strategy. The words “may”,
“would’, “could”, “should”,
“will”, “likely”, “expect’,
“anticipate”, “intend”, “estimate”,
“intend”, “plan”, “forecast”,
“project”, “estimate” and “believe” or
other similar words and phrases are intended to identify forward-looking
information.
Forward-looking information is subject to known and
unknown risks, uncertainties and other factors that may cause Red Back’s
actual results, level of activity, performance or achievements to be materially
different from those expressed or implied by such forward-looking
information. Such factors include, but are not limited to:
uncertainties related to drilling results; the ability to raise sufficient
capital to fund exploration; changes in economic conditions or financial
markets; changes in prices for Red Back’s mineral products or increases
in input costs; litigation, legislative, environmental and other judicial,
regulatory, political and competitive developments; technological or
operational difficulties or inability to obtain permits encountered in
connection with exploration activities; and labour relations matters.
This list is not exhaustive of the factors that may
affect our forward-looking information. These and other factors should be
considered carefully and readers should not place undue reliance on such
forward-looking information. Red Back disclaims any intention or
obligation to update or revise forward-looking information, whether as a result
of new information, future events or otherwise.
ON BEHALF OF THE
BOARD
(signed) “Richard
P. Clark,”
President
For further
information, please call Sophia Shane
at (604) 689-7842.