Reliance Resources Announces Board and Management Changes

VANCOUVER, July 30, 2012 /CNW/ - Reliance Resources Limited (TSX: RI) (the "Company") announces the resignation of Scott Emerson and Nick Demare as directors of the Company, and the resignation of Scott Emerson as President of the Company.  The Board of Directors is currently comprised of the following individuals:  Gary Lewis, John Levings, Ian Mitchell and Andrew Wilson.

The Company would like to thank Messrs. Emerson and Demare for their efforts and contributions to the Company's affairs over the years, and the Company wishes them success in their future endeavours.

On behalf of the Board of Directors of Reliance Resources Ltd.

SOURCE: Reliance Resources Ltd.