Rhyolite Resources Ltd.

TORONTO, Ontario, April 17, 2023 (GLOBE NEWSWIRE) -- Rhyolite Resources Ltd. (TSXV: RYE) (“Rhyolite” or the “Company”) reports that its Chief Financial Officer, Cybill Tsung, has resigned her position to pursue other opportunities effective May 5, 2023. Rhyolite will appoint Mr. Quinn Martin as CFO effective May 5, 2023. In the coming weeks, Ms. Tsung will assist with the transition of duties to Mr. Martin, including the completion of Rhyolite’s 2022 annual financial statements. "I would like to thank Cybill, who has been an integral part of R...

TORONTO, March 23, 2023 (GLOBE NEWSWIRE) -- Rhyolite Resources Ltd. (TSXV: RYE) (“Rhyolite” or the “Company”) has terminated its option to earn in a 70% interest in Suku Passi property and its option to earn in a 70% interest in the Bob’s Pit property, both in Suriname. Discussions with the property vendors on amending the original agreement to reflect the exploration results to date proved unsuccessful. As a result, Rhyolite has elected to terminate the property agreements and will not be making a total of US$450,000 in cash payments and US$150,00...

TORONTO, March 01, 2023 (GLOBE NEWSWIRE) -- Rhyolite Resources Ltd. (TSXV: RYE) (“Rhyolite” or the “Company”) provides the following update on its operational activities. The Company is aggressively taking action to preserve available cash and to focus on identifying new accretive options in order to serve the best interests of shareholders. The exploration data collected from the Suku Passi and Bob’s Pit Concession in Suriname are being evaluated ahead of the next option payments due on March 21, 2023 that call for a total of US$450,000 in cash p...