Rye Patch Gold RPMGD

News

[nader00de]

Rye Patch Gold Appoints CFO

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Sept. 12, 2011) - Rye Patch Gold Corp. (TSX VENTURE:RPM)(OTCQX:RPMGF) ("Rye Patch" or the "Company") is pleased to announce the appointment of Mr. Alnesh Mohan as Chief Financial Officer of the Company.

Mr. Mohan is a Chartered Acountant and a partner at Quantum Advisory Partners LLP ("Quantum"). Quantum is a chartered accounting firm specializing in providing accounting and financial reporting support to junior resource companies. Mr. Mohan has over 16 years of accounting, auditing and tax experience providing advisory services to a wide array of clients. Prior to joining Quantum, Mr. Mohan spent over a decade working within the Big 4 public accounting firms. Most recently he spent four years with KPMG LLP in Vancouver as a tax manager providing corporate and personal tax consulting and compliance services to clients both in Canada and the United States.

Joe Kajszo, Chairman, is pleased to welcome Mr. Mohan on board, and is stepping down as interim Chief Financial Officer effective immediately, to accommodate this new appointment.

The Company also announces the grant to an officer of the Company, subject to TSX Venture Exchange approval, of an option to purchase 100,000 common shares of Rye Patch at an exercise price of
.45 per share for a term of five years.