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Message: Announces Appointment of Board Members

Announces Appointment of Board Members

posted on Mar 02, 2009 08:13AM
March 2, 2009
Rimfire Announces Appointment of Board Members
VANCOUVER, BRITISH COLUMBIA--(Marketwire - March 2, 2009) - Rimfire Minerals Corporation (TSX VENTURE:RFM) is pleased to announce the appointment of William Schur and Mark Selby to the Rimfire Minerals Corporation Board of Directors.

William G. (Bill) Schur earned an A.B. degree from Dartmouth College in 1972, with a major in Government followed by a J.D. from Cornell University. He was admitted to the Bar in Illinois and the United States District Court for the Northern District of Illinois in 1975 and the United States Court of Appeals for the Seventh Circuit in 1978. He is also a member of the Trial Bar of the United States District Court for the Northern District of Illinois. Mr. Schur currently has a law practice in the city of Chicago and has developed a network of clients that range from Fortune 500 companies to individuals stretching from coast to coast within Canada and the United States. Mr. Schur will bring extensive legal experience and a wide-ranging business and legal perspective to the Rimfire board.

Mark T. Selby holds a B.Comm (Hons.) degree and is currently Vice President, Business Planning and Market Research for Quadra Mining Ltd. Mr. Selby founded Selby & Co in 2006 to provide consulting advice to mining companies and investors on the outlook for base metals and resource equity valuation. His prior positions include: Assistant Vice-President, Strategic Planning & Business Development (2005-2007) and Director, Market Research (2001-2004) with Inco Limited and Principal at Mercer Management Consulting (1994-2001). Mr. Selby's knowledge of the metals market and business development will add depth to the Rimfire board and be valuable in generating joint venture partnerships.

The recent appointments follow the resignation of Gary Paulson from the Board of Directors. Mr. Paulson has held a position on the Rimfire board since the company's inception in 1999. Gary proved to be an invaluable resource for the Rimfire team due to his vast knowledge of the exploration industry and global perspective. The entire Rimfire team wishes him success in all his future endeavours.

The Company has granted each new director 75,000 incentive stock options at a price of $0.27 expiring March 1, 2014. The grants will vest over two years. Options are granted in accordance with the Company's Incentive Stock Option plan approved at the Annual General Meeting held June 18, 2008.
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