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Rupert Resources Appoints Jeffrey Karoly Chief Financial Officer

TORONTO, Nov. 07, 2017 (GLOBE NEWSWIRE) -- Rupert Resources Ltd (“Rupert” or the “Company”) (TSX-V:RUP) (FSE:R05) announces the appointment of Jeffrey Karoly as Chief Financial Officer. Rob Suttie, the current Chief Financial Officer, will continue to stay involved with the Company.

James Withall, Chief Executive of Rupert said “We are delighted to welcome Jeffrey to the Rupert Resources team. Jeffrey is extremely experienced in the mining sector and has worked in a number of financial jurisdictions, including with other TSX listed companies, so is well positioned to help move the company forward as we develop the Pahtavaara Project. We are delighted that Rob Suttie will continue to be involved with the Company and appreciate the hard work and dedication that he showed as CFO of the Company.”

Jeffrey Karoly is a Chartered Accountant with a degree in Geology from the University of Bristol. He has worked in the mining sector for over 20 years including 11 years in corporate finance roles with Anglo American on three continents. Since 2008 he has been Chief Financial Officer of several listed junior resource companies including South American Ferro Metals, listed on the ASX in 2010, AIM & TSX-listed Horizonte Minerals (2010 to 2016) and Altus Strategies, listed on AIM in 2017.

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.

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