Rhyolite Announces Director Resignation and Appointment of President and Chief Executive Officer

October 23, 2015 5:37 PM EDT | Source: Rhyolite Resources Ltd.

Vancouver, British Columbia--(Newsfile Corp. - October 23, 2015) - Rhyolite Resources Ltd. (TSXV: RYE) ("Rhyolite" or the "Company") reports that Pete Hughes has resigned as director, President and Chief Executive Officer of the Company effective immediately. Richard Graham, a director of the Company, has been appointed as the President and Chief Executive Officer to replace Mr. Hughes.

ON BEHALF OF THE BOARD OF DIRECTORS OF
RHYOLITE RESOURCES LTD.

"Richard Graham"
Director

For further information please contact:

Richard Graham, P.Geol.
Telephone: 604-488-8717

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

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