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Provider: Reuters Investment Profile
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$125.00
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$250.00
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$125.00
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Ruby Creek Resources Inc Announces Management Changes
Ruby Creek Resources Inc announced that the Company's Chief Financial Officer, Myron Landin resigned November 23, 2012. Effective January 28, 2013 Ruby Creek received and accepted the resignations of David Bukzin and Darren Ofsink as directors of the Company. Also on January 28, Dan Bartley resigned from his positions as President and CEO held since February 1, 2012. Mr. Bukzin, Mr. Ofsink and Mr. Landin also resigned from all positions they held in the Company's Tanzanian subsidiaries. Mr. Bartley held no positions with the Tanzanian subsidiaries.Mr. Robert Slavik, former President and Chief Executive Officer, has retaken control of the Company and been returned to the positions of President and Chief Executive Officer with the immediate goal of bringing Ruby Creek's Gold Plateau Project into production. As a condition of his return as President and Chief Executive Officer of Ruby Creek, former director David Bukzin has granted an option to Mr. Slavik to purchase 6,000,000 of Mr. Bukzin's shares and Mr. Slavik was granted immediate proxy to vote those shares. This proxy, together with the shares already held by Mr. Slavik constitutes a change of control of Ruby Creek Resources in favor of Mr. Slavik.
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