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Monday, May 31, 2010

Rodinia Minerals Inc. (TSX-V: RM) (OTCQX: RDNAF) Names New Chief Executive Officer to Lead the Next Phase of Corporate Growth

Rodinia Minerals Inc. (TSX-V: RM) (OTCQX: RDNAF) Names New Chief Executive Officer to Lead the Next Phase of Corporate Growth

TORONTO, ONTARIO - May 31, 2010 (Investorideas.com Mining stocks Newswire) - Rodinia Minerals Inc. ("Rodinia" or the "Company") (TSX VENTURE:RM; OTCQX:RDNAF), today announced that Mr. David Stein is resigning as the Company's President and Chief Executive Officer, effective the close of business today. Mr. Stein will continue to serve as an advisor to the CEO and as a director on Rodinia's Board of Directors ("Board"). The Board has appointed William Randall, Rodinia's Vice President, Exploration as President and Chief Executive Officer.

David Stein is resigning as President and CEO of Rodinia to focus on other business endeavours, including his role as President and COO of Aberdeen International (TSX:AAB). "With strong management in place and an outstanding pipeline of lithium development projects progressing well, it is the right time for me to pass the torch as CEO," said Mr. Stein. "In the brief time I have been involved with Rodinia we have completely restructured the management of the Company and significantly improved the asset base, particularly with the acquisition of our high-profile lithium development projects in Argentina. I am pleased that the Board's succession plan has produced a smooth, seamless leadership transition and that it has selected Will Randall to succeed me. Will has been a close colleague and business partner since I joined Rodinia, and in that time he has emerged as one of the top professionals in the lithium exploration industry. Rodinia's employees and shareholders will benefit from his leadership and judgment as the Company's growth plan switches from asset acquisitions to aggressive exploration and development."



"David provided stability and leadership while presiding over Rodinia's smooth transition into a lithium exploration focused company. He was instrumental in analyzing and structuring the asset acquisitions that now position Rodinia as one of the world's premier junior lithium-brine exploration companies - that will be his legacy," said Farhad Abasov, Rodinia's Executive Chairman. "We are grateful that David will remain as a director and active participant in this transition. The Board also congratulates Will Randall on his well-earned appointment as President and CEO."


Mr. Randall is a Professional Geologist who has worked in various capacities in the natural resource sectors, primarily focused on mineral exploration, development and production. He had previous lithium-brine experience before joining Liberty Mines and Canadian Royalties immediately before joining Rodinia. He also played a key role in the Company's acquisition of prospective lithium-brine assets in Argentina. Having been raised in Argentina, Mr. Randall has a strong understanding of the political and operating environment in the country and has amassed an extensive network of associates both in North and South America.


"Rodinia has assembled an outstanding portfolio of lithium-brine assets in geopolitically stable jurisdictions that all have the potential to become economic producers," said William Randall. "Advancing these unique projects, while strengthening our brand and liquidity during these challenging market times, will be my highest priorities as CEO. I am excited to lead the next phase of growth at Rodinia and to unlock significant shareholder value. I have absolute confidence in the strength of our people and assets."

About Rodinia Minerals Inc.:

Rodinia Minerals Inc. is a Canadian mineral exploration company with a primary focus on lithium exploration and development in North and South America. The Company is positioned to capitalize on the expected increase in demand for lithium carbonate that is projected to result from the anticipated paradigm shift to mass adoption and use of key lithium applications like lithium-ion batteries as well as glass ceramics, greases, pharmaceuticals etc.

Rodinia is currently exploring its Clayton Valley project in Nevada, USA, which surrounds the only lithium-brine producer in North America, and its Diablillos project in Salta, Argentina.


Please visit the Company's web site at www.rodiniaminerals.com or write us at info@rodiniaminerals.com. Follow us on Twitter: http://twitter.com/RodiniaLithium.


Cautionary Notes
Except for statements of historical fact contained herein, the information in this press release constitutes "forward-looking information" within the meaning of Canadian securities law. Such forward-looking information may be identified by words such as "plans", "proposes", "estimates", "intends", "expects", "believes", "may", "will" and include without limitation, statements regarding the impact of the drill program at the Diablillos property and results of such drill program; the potential of the Company's projects; the potential results and timetable for further exploration with respect to the Clayton Valley project and the Diablillos property, the timetable with respect to future acquisitions and exploration developments at Clayton Valley and Diablillos, timetable for further exploration, analysis and development, title disputes or claims; and governmental approvals and regulation. There can be no assurance that such statements will prove to be accurate; actual results and future events could differ materially from such statements. Factors that could cause actual results to differ materially include, among others, metal prices, competition, financing risks, acquisition risks, risks inherent in the mining industry, and regulatory risks. Most of these factors are outside the control of the Company. Investors are cautioned not to put undue reliance on forward-looking information. Except as otherwise required by applicable securities statutes or regulation, the Company expressly disclaims any intent or obligation to update publicly forward-looking information, whether as a result of new information, future events or otherwise.



NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.

Contacts
Aaron Wolfe

Rodinia Minerals Inc.

Vice President, Corporate Development

+1 (416) 309-2696

http://www.rodiniaminerals.com/


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