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Revett Announces Results of AGM and Appointment of Albert Appleton to the Board of Directors

17.06.2010  |  Marketwire

SPOKANE VALLEY, WA -- (Marketwire) -- 06/17/10 -- Revett Minerals Inc. (TSX: RVM) /
(OTCBB: RVMIF) ('Revett' or the 'Company') is pleased to announce that
at its
annual and special meeting of the shareholders held on June 16,
2010,
shareholders of the company approved all resolutions put before
them by
management.


Directors elected at the AGM are Timothy Lindsey, John Shanahan, Larry
Okada and
new director Albert Appleton.


Mr. Appleton, a native of Spokane, Washington, currently resides in New
York
City where he is an international environmental and public finance
consultant
with global engagements in China, the North Andes, Canada, Hungary and the
USA.
From 1994 to 2005, Mr. Appleton was the Senior Fellow for Infrastructure
at the
Regional Plan Association (RPA) in New York. From 1990 to 1993 Mr.
Appleton
served as Commissioner of the New York City Department of
Environmental
Protection and Director of the New York City Water and Sewer System where
he was
noted for his groundbreaking accomplishments in watershed protection,
water
conservation and water resource management and finance. Mr. Appleton
is a
graduate of Gonzaga University and Yale Law School.


Tim Lindsey, Chairman of the board stated, 'I warmly welcome Al Appleton
to our
board, his years of leadership and accomplishments in identifying
win-win
solutions in environmental impact based disputes is a unique fit as we
move
forward with our existing operations at Troy and development at Rock
Creek. We
recognize that the most successful mining operations of the future
will be
community friendly and uphold commitment to environmental responsibility.
This
is a challenge that we are determined to meet. I would also like to thank
Tony
Alford for his time and commitment at a crucial time in our development
and for
his ongoing support.'


Shareholders also reappointed KPMG LLP, Chartered Accountants, as
auditors of
the Company, authorized the Board of Directors to proceed with a
consolidation
of the Company's common shares if and when determined appropriate, and
approved
an amendment which restates and extends the Company's shareholder rights
plan.
Details of each of these measures can be found in the Company's
Management
Information Circular dated May 12th, 2010.


About Revett


Revett Minerals, through its subsidiaries, owns and operates the
currently
producing Troy Mine in Lincoln County, Montana and development-stage Rock
Creek
Project located in Sanders County, Montana, USA. The proven reserves at the
Troy
Mine and significant resources at the Rock Creek project will form the
basis of
our plan to become a solid mid-tier base and precious metals producer.
Revett
plans on expanding production through exploration in and around its
current
properties, as well as through targeted business combinations of advanced
stage
projects.






John Shanahan


President & CEO




For more information, please contact: Monique Hayes, Director of
Corporate &
Investor Communications at (509) 921-2294 or visit our
website at
www.revettminerals.com.


Except for the statements of historical fact contained herein, the
information
presented in this press release may contain 'forward-looking statements'
within
the meaning of applicable Canadian securities legislation and The
Private
Securities Litigation Reform Act of 1995. Generally, these forward
looking
statements can be identified by the use of forward-looking terminology
such as
'expects', or 'does not expect', 'is expected', 'is not expected',
'budget',
'plans', 'schedule', 'estimates', 'forecasts', 'intends',
'anticipates', 'or
does not anticipate' or 'believes' or variations of such words and
phrases or
state that certain actions, events or results 'may', 'could', 'would',
'might'
or 'will', 'occur' or 'be achieved'. Forward-looking statements
contained in
this press release include but are not limited to statements with
respect to,
the Company's anticipated course of action moving forward or the
Company's
ability to develop the Rock Creek project. Actual results and developments
could
be affected by development risks and production risks, our challenging
working
capital position and our inability to continue to fund operations, as
well as
those factors discussed in the section entitled 'Risk Factors' in the Form
10-K
filed on SEDAR at www.sedar.com and with the SEC on EDGAR. Although the
Company
has attempted to identify important factors that could cause actual
results to
differ materially, there may be other factors that cause results not to
be as
anticipated, estimated or intended. There can be no assurance that
such
statements will prove to be accurate results and future events could
differ
materially from those anticipated in such statements. Accordingly,
readers
should not place undue reliance on forward-looking statements. Revett
Minerals
does not undertake to update any forward-looking statements that
are
incorporated by reference herein, except in accordance with
applicable
securities laws.




[HUG#1424974]




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