NEWS JUST IN: Prior To Open we might sewe Depth of Market Change with these HEAD GUYS of merit, Go UK Guys: Subject: CHANGE TO THE BOARD OF DIRECTORS Date: Tue, 11 Jan 2000 18:02:33 -0700 X-MSMail-Priority: Normal X-MimeOLE: Produced By Microsoft MimeOLE V4.72.3110.3
New Blue Ribbon Resources Ltd. 10048 – 87th Avenue Edmonton, AB, Canada T6E 2N9 Tel: (780) 433-3566 Fax: (780) 439-6316 Toll Free: 1-800-505-5655 E-Mail Address: info@newblueribbon.com
NEWS RELEASE
CDNX SYMBOL: NBL January 11, 2000
“CHANGE TO THE BOARD OF DIRECTORS”
Edmonton, Alberta – New Blue Ribbon Resources Ltd. (NBL) (the “Company”) is pleased to announce the appointment of Mr. Anthony R.A. Lyons to its Board of Directors. Mr. Lyons is an Australian National currently resident in the United Kingdom. Mr. Lyons has been involved for many years in management of European manufacturing and technology based companies. His experience has been gained in the areas of Offshore Oil & Gas Exploration, land survey, nuclear industry and steel industry. Mr. Lyons has an engineering background with a degree in electronics receiving his education in both Australia and the United Kingdom.
Mr. Lyons currently holds positions in Metal Process Control AB Sweden and its subsidiary Metal Process Control GmbH Germany, in the capacity of Chairman and Group President. He also holds the position of Chairman and Managing Director of Metal Products & Equipment GmbH Germany, as well as acts as the Managing Director of MPT Consultancy United Kingdom.
The Company is also pleased to announce that Mr. Michael C. Scholz has agreed to join the Company's board of directors. Mr. Scholz is a senior partner of the law firm of Alexander, Holburn, Beaudin & Lang in Vancouver, British Columbia and brings to the Company his many years of corporate/commercial/securities law experience. Mr. Scholz is a director of Avcorp Industries Inc., a Toronto Stock Exchange listed company and Secretary of stox.com Inc., a Canadian Venture Exchange company.
The Company is also pleased to announce the appointment of Mr. Bob Ryziuk as the Company's Manager of Operations. Mr. Ryziuk has been working in mineral exploration since 1977. He has worked for various exploration companies including Cominco Exploration, Discovery Consultants, Apex Geoscience and most recently New Claymore Resources. Mr. Ryziuk brings a wealth of computer and exploration experience to the Company. He has traveled extensively and has worked in Western Canada, the Arctic, the United States, Mexico and South America.
The Company further wishes to announce the resignation of Mr. Martyn Element as a director of the Company. Mr. Element has been a director of the Company since March 14, 1994 and has been an integral part of the Company's past and current success. The Company is pleased to announce that Mr. Element has agreed to stay with the Company in the capacity of Secretary allowing the Company to continue to benefit from Mr. Element's past experience and expertise.
In addition, the Company wishes to acknowledge and thank Mr. Element for his efforts with the Company in his capacity as a director of the Company over the past six years and thank him for his continuing efforts in his appointment as Secretary.
The Company further announces that it has reserved 500,000 common shares for the grant of incentive stock options to certain of its directors, officer and employees for a period of two years at $0.35 per share, subject to regulatory approval.
This Press Release was prepared on behalf of the Board of Directors, which accepts full responsibility for its contents.
ON BEHALF OF THE BOARD
LARRY KRYSKA, President & Director
FOR FURTHER INFORMATION PLEASE CONTACT: Larry D. Kryska
The Canadian Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.
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