Rupert Resources Announces Management Changes

TORONTO, Dec. 19, 2017 (GLOBE NEWSWIRE) -- Rupert Resources Ltd (“Rupert” or “the Company”) (TSX-V:RUP) (FSE:R05) announces that further to the appointment of Mr. Jeffrey L. Karoly as Chief Financial Officer as per the Company’s November 7, 2017 press release, and in order to streamline management, Mr. Karoly has been appointed Corporate Secretary of the Company.  Mr. Gordon Chmilar who held the role previously will continue to act as an advisor to the Company.

Also, Max Hinchcliffe, who has acted as Vice President, Finance of the Company, has also stepped down from such position to take advantage of other opportunities that have come available to him.  Mr. Max Hinchcliffe will also continue to act as an advisor to the Company.

James Withall, Chief Executive Officer, said, “We are pleased to announce the appointment of Jeffrey Karoly as Company Secretary - Jeffrey is already Chief Financial Officer of the Company. I would also like to thank Max and Gordon for their efforts in establishing Rupert following the acquisition of the Pahtavaara Project, and are pleased that they will remain involved with the Company in their capacities as advisors.”

About Rupert

Rupert is a Canadian based gold exploration and development company that is listed on the TSX Venture Exchange under the symbol “RUP”. The Company owns the Pahtavaara gold mine, mill, and exploration permits and concessions located in the Central Lapland Greenstone Belt in Northern Finland (see the Company’s November 9, 2016 press release). The Company also holds a 100% interest in the Gold Centre property, which consists of mineral claims located in the Balmer Township, Red Lake Mining Division of Ontario.

For further information, please contact:

Rupert Resources Ltd
82 Richmond Street East, Suite 203, Toronto, Ontario M5C 1P1
Tel: +1 416-304-9004

Web: http://rupertresources.com/

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 release.

Cautionary Note Regarding Forward Looking Statements

This press release contains statements which constitute ”forward-looking statements”, including the statements with respect to those that address potential quantity and/or grade of minerals, potential for minerals and statements regarding the plans, intentions, beliefs and current expectations of the Company with respect to the future drilling and geological activities, business activities and operating performance of the Company. The words “may”, “would”, “could”, “will”, “intend”, “plan”, “anticipate”, “believe”, “estimate”, “expect” and similar expressions, as they relate to the Company, are intended to identify such forward-looking statements. Investors are cautioned that forward-looking statements are based on the opinions, assumptions and estimates of management considered reasonable at the date the statements are made, and are inherently subject to a variety of risks and uncertainties and other known and unknown factors that could cause actual events or results to differ materially from those projected in the forward-looking statements. These factors include the general risks of the mining industry, as well as those risk factors discussed or referred to in the Company's annual Management's Discussion and Analysis for the year ended February 28, 2017 available at www.sedar.com. Should one or more of these risks or uncertainties materialize, or should assumptions underlying the forward-looking statements prove incorrect, actual results may vary materially from those described herein as intended, planned, anticipated, believed, estimated or expected. The Company does not intend, and does not assume any obligation, to update these forward-looking statements except as otherwise required by applicable law.