Toronto, Canada, June 20, 2012 - REBgold Corporation ("REBgold" or the "Company", TSX.V: RBG) is pleased to announce the appointment of Luke Leslie to the Board of Directors.

Mr. Leslie has 10 years of transaction experience in Metals and Mining, including time with the team at UBS Investment Bank, and with the Natural Resources team at Accenture. He currently sits on the Kincora Copper (KCC:TSX) Board of Directors where he serves as Chairman of the Audit Committee, he is a member of the Board of Directors of Moly World, China Commodities Absolute Return Fund(1), MSE Liquidity Fund and Resource Investment Capital. Mr. Leslie is the Head of Origo Partners Metals & Mining Private Equity, Co-Head of Trafigura-Origo Joint Venture, Portfolio Manager of the China Commodities Absolute Return Fund1 and Portfolio Manager of the MSE Liquidity Fund. In addition Luke is the Executive Managing Director of Origo Partners Exploration and Origo Resources International.

"We are pleased to welcome Luke Leslie to the board. His experience in international mining finance will add further strength to the Company, as we pursue our growth strategy.", comments Mark Burridge, Chairman.

The Company also announces that the Drill Rig is back on site at the Osikonmaki Property in Finland. The drilling program will target further extensions to the resources at Osikonmaki.

REBgold PROFILE

REBgold is in the process of acquiring and developing economic interests in gold assets, in particular, where it can utilize its competitive advantages, to create shareholder value.

The Company's key competitive advantages include an experienced board and management team, strategic investor backing and proprietary technology. The Company's bacterial oxidation and bioleaching technologies are commercially proven for the liberation of precious metals from difficult-to-treat sulphide ores and concentrates, with environmental and economic benefits. To date, the Company's BACOX technology has been used at three gold mines located in Western Australia, Tasmania and China.

(1) China Commodities Absolute Return Fund holds 9.1% of REBgold Common Shares.

For further information contact:
EJ Spencer
REBgold Corporation
Corporate and Investor Relations Administrator
416-646-1850 X 242

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.
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