
	Mr. Nikolakakis has over 18 years of corporate finance, accounting and senior management experience within the mining sector. He was the former Chief Financial Officer of Rainy River Resources (&quot;Rainy River&quot;), where he was responsible for the corporation&#39;s strategic plan, as well as its financial and reporting activities. As an integral part of Rainy River, Mr. Nikolakakis successfully raised more than $150 million. Prior to Rainy River, Nick was the Vice President of Corporate Finance at Barrick Gold Corporation (&quot;Barrick&quot;), where he led a US$1.0 billion project financing deal for Barrick&#39;s Pueblo Viejo project in the Dominican Republic and successfully negotiated a US$1.5 billion corporate revolving credit facility. Other previously held positions by Mr. Nikolakakis include, Vice President and Chief Financial Officer of Placer Dome Canada, and Treasurer at North American Palladium Ltd. Mr. Nikolakakis holds an Applied Science degree in Geological Engineering from the University of Waterloo and a Master of Business Administration from the University of Western Ontario&#39;s Ivey School of Business.
	
	Mr. Nikolakakis will replace, Bob Lewis, the former Rubicon Chief Financial Officer, who has decided to pursue other opportunities. Bob will stay on with the Company for an interim period to assist Nick with the transition.
	
	&quot;We would like to thank Bob for his substantial contribution and dedication to the Company over the past several years as the Chief Financial Officer, and we wish him well on his future endeavours,&quot; stated Mr. Lalonde.
