QualityStocks News - Rangeford Resources Appoints CFO, VP of M&A, and New Member of the Board

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Company announces new management to strengthen and guide growth strategies moving forward.

...the company is well situated to pursue its efforts in the oil and gas industry.

QualityStocks would like to highlight Rangeford Resources, Inc., a publicly traded exploration stage company, focused on purchasing, developing, and operating oil and gas leases. The company was founded in 2007 and is based in Wellington, Colorado. As of August 6, 2012, Rangeford Resources, Inc. operates as a subsidiary of RF Colorado Ventures, LLC.

In the company’s news yesterday,

Rangeford Resources announced two changes to its executive management team, as well as the appointment of a new member to its board of directors, as it moves forward with acquisition and growth strategies.

Rangeford’s board earlier this week appointed John Miller as the company’s new CFO. Miller’s background includes experience in senior management in different industries. Miller previously served as senior vice president of Federal Express, joining the company in its start-up phase and contributing more than 14 years to the company. During his tenure with Federal Express, Miller also served as CFO and was instrumental in funding initiatives for the company’s process of becoming a publicly traded company.

Rangeford also appointed E. Robert Gates as its vice president of mergers and acquisitions. Dr. Gates has more than 45 years of experience as a business executive and consultant, including his current role as president and CEO of ISRG Inc. and MBC Services Inc.

Kevin Carreno was appointed to Rangeford’s board of directors on August 9, 2012. Carreno founded Experts Counsel Inc. in 2005 and has more than 25 years of experience as a lawyer in private practice, in-house counsel with a major brokerage firm, and in a variety of senior management positions including chief compliance officer, chief operating officer, and CEO with various financial services companies both in the United States and in the United Kingdom. Carreno has served as an independent consultant in settled regulatory proceedings with the SEC, Financial Industry Regulatory Authority (FINRA), the State of Pennsylvania, and Connecticut; is a part owner of International Assets Advisory, LLC; and part owner of Fuel Trader Holdings, Inc. Carreno was also elected as a governor to the board of the FINRA.

The company’s management shake-up is expected to assist the company in its pursuits to identify opportunities and to support resultant projects.

“Rangeford has begun to assemble a corporate management team that will enable the company to begin not only identify oil and gas projects, but also provide the company with the management skills it needs to successfully manage such projects,” Fred Ziegler, president of Rangeford stated in the press release. “We believe that with the experience of Mr. Gates and Mr. Miller, combined with the knowledge and experience Mr. Carreno brings to the board of directors, the company is well situated to pursue its efforts in the oil and gas industry.”

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Forward-Looking Statement:

This release may contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All forward-looking statements are inherently uncertain as they are based on current expectations and assumptions concerning future events or future performance of the company. Readers are cautioned not to place undue reliance on these forward-looking statements, which are only predictions and speak only as of the date hereof. Risks and uncertainties applicable to the company and its business could cause the company's actual results to differ materially from those indicated in any forward-looking statements.

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