Reno Gold Corporation (RNGG)

[rocketrice]

PR from October appointing Paul Diana as new President and CEO.
Discusses higher PPS for shareholders as milestones are hit.

VAUGHAN, ON--(MARKET WIRE)--Oct 16, 2007 -- Reno Gold Corp. (Other OTC:RNGG.PK - News) is pleased to announce the appointment of Paul Diana CFA. MBA. as the new President and
CEO of the company.
Talal Chehab, Secretary Treasurer of Reno Gold Corp., comments, "Mr.Diana's appointment is a huge development for the company. He brings years of experience in the public markets to his new position as president and CEO. Mr. Diana has worked at the highest levels of management at HSBC Financial, BMO Nesbitt Burns, and Bank of Montreal . His industry contacts in the financial sector will be an immediate benefit to the company. Our former President and CEO, Ray Paquette, will stay on with the company as head of our newly created advisory board. Reno Gold Corp. now has the benefit of significant expertise in the financial and geological aspects of running a public exploration company. A strong team should yield considerable results to the benefit of all our shareholders."

"Reno Gold Corp. offered me the opportunity to manage this company and I was glad to accept," said Mr. Diana. "The company has exceptional land positioning in Nevada and the timing for expansion is excellent given the rising price of gold. I intend to move aggressively to get the Nevada project moving forward and I intend to embark on initiatives to raise the profile of the company in the investment community. The share structure should yield a higher price per share for our stock as we hit milestones on the business development side."
http://biz.yahoo.com/iw/071016/0315855.html