MATERIAL CHANGE REPORT
ITEM 1 - NAME AND ADDRESS OF COMPANY
Rubicon Minerals Corporation (the "Company" or "Rubicon")
1540 - 800 West Pender Street
Vancouver, British Columbia
ITEM 2 - DATE OF MATERIAL CHANGE
June 7, 2006
ITEM 3 - NEWS RELEASE
The press release was issued June 7, 2006 over CCN Matthews.
ITEM 4 - SUMMARY OF MATERIAL CHANGE
Africo Resources Ltd ("Africo"), in which Rubicon is a 39.6% shareholder, has appointed Dr. Antony
Harwood as the President and Chief Executive Officer of Africo. In addition, a number of significant
shareholders of Africo have entered an agreement to vote in favour of Rubicon's proposed plan of
ITEM 5 - FULL DESCRIPTION OF MATERIAL CHANGE
Africo Resources Ltd., in which Rubicon is a 39.6% shareholder, has appointed Dr. Antony Harwood as
its President and Chief Executive Officer.
Dr. Harwood obtained his Bachelor of Science and PhD from Cardiff University in the United Kingdom.
He was the managing director of Harwood International, a geological consulting company, from
September 1993 to June 1998 and was a Vice-President of Placer Dome Inc., from June 1998 to
March 2006. At Placer Dome Inc., he was responsible for global generative and Africa Eurasia
Exploration. Dr. Harwood joins Chief Operating Officer Michael Keating on the management team of
Chris Theodoropoulos, Chairman of Africo said: "We are very pleased to welcome Tony as
CEO/President of Africo and look forward to working with him on the Board. At the same time, we
would like to thank David Adamson for his valuable contributions in seeing the feasibility study through to
completion while serving as President of Africo. David will continue to serve on the Board of Africo."
Rubicon has entered into a support agreement (attached as Schedule A hereto) with other major Africo
shareholders. Under the support agreement, the parties have agreed to vote the