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Rio Novo Gold: Annual General Meeting

06.06.2011  |  Marketwire

TORONTO, ONTARIO -- (Marketwire) -- 06/06/11 -- Rio Novo Gold Inc. (TSX: RN)(TSX: RN.WT) ('Rio Novo' or the 'Company') announces that its annual general meeting (the 'AGM') has been scheduled to Monday, June 27, 2011. The meeting will be held at 320 Park Avenue, 19th floor, New York, New York, US, at 2:00pm EST. The matters to be considered at the AGM will be set forth in the notice of meeting and information circular to be provided to shareholders in advance. Shareholders of record as of May 13, 2011 will be entitled to vote their shares at the AGM.


On Tuesday, June 28, 2011, the Company will host an investor information session for a review of recent and ongoing corporate activities and strategies looking forward. This afternoon session will be held at the offices of Heenan Blaikie LLP located at 333 Bay Street, Suite 2900, Bay Adelaide Centre, Toronto, Ontario, Canada at 4:30pm EST.


About Rio Novo


Rio Novo is currently focused on the acquisition, exploration and development of gold mineral resource properties in Brazil and has commenced similar efforts in Colombia. The Company's goal is to explore and develop its three gold projects, the Almas Gold Project, located in the State of Tocantins State, the Guaranta Gold Project, located in the State of Mato Grosso, both located in Brazil, and the Toldafria Gold Project, located in the central Cordillera, Caldas State, Colombia. The three projects enjoy established infrastructure in mining friendly jurisdictions. In addition to exploring and developing the Almas, Guaranta and Toldafria Gold Projects, the Company intends to identify, explore and develop or acquire additional precious metals properties in Brazil and Colombia.


This press release contains forward-looking statements. All statements, other than of historical fact, that address activities, events or developments that the Company believes, expects or anticipates will or may occur in the future (including, without limitation, statements regarding the estimation of mineral resources, exploration results, potential mineralization, potential mineral resources and mineral reserves) are forward-looking statements. Forward-looking statements are often identifiable by the use of words such as 'anticipate', 'believe', 'plan', may', 'could', 'would', 'might' or 'will', 'estimates', 'expect', 'intend', 'budget', 'scheduled', 'forecasts' and similar expressions or variations (including negative variations) of such words and phrases. Forward-looking statements are subject to a number of risks and uncertainties, many of differ materially from those discussed in the forward-looking statements. Factors that could cause actual results or events to differ materially from current expectations include, among other things, without limitation, failure to establish estimated mineral resources, the possibility that future exploration results will not be consistent with the Company's expectations, the price of gold and other risks identified in the Company's most recent annual information form filed with the Canadian securities regulatory authorities on SEDAR.com. Any forward-looking statement speaks only as of the date on which it is made and, except as may be required by applicable securities laws, the Company disclaims any intent or obligation to update any forward-looking statement.

Contacts:

Rio Novo Gold Inc.

David Beatty

Chief Executive Officer

1 (416) 368-8288
david.beatty@Rnovogold.com


Rio Novo Gold Inc.

Alex Penha

General Manager, Corporate Development

1 (416) 368-1573
alex.penha@Rnovogold.com



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