Red Mountain Mining Ltd. announced that Mr. Jon Dugdale had joined Red Mountain's Board as an Executive Director, effective immediately. It further noted the intention that, over the following months, Mr. Dugdale would resign as President and CEO of Mindoro Resources Limited and transition to Managing Director of Red Mountain. The company announced that it has executed an employment agreement with Mr. Dugdale, pursuant to which he will assume the full time role of Executive Director -Development and Operations, from January 21, 2013 and transition to Managing Director by March 30, 2013 after resigning as President and CEO of Mindoro, effective December 21, 2012.

Most recently, from February 2010, Mr. Dugdale was President and CEO of Mindoro Resources Limited. The company further advises that, from January 21, 2013, Executive Director, Mr. Keith Rowe, will assume a Non-Executive Director's role.