SECTION 5 - CORPORATE GOVERNANCE AND MANAGEMENT Item 5.02 - Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. Director Resignations On October 21, 2009, Mr. Vladmir Vaskevich, Mr. Andrei Stytsenko, and Ms. Silvia Soltan resigned from the Board of Directors of Rancher Energy Corporation (the Company), effective immediately. 2 SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this Report to be signed on its behalf by the undersigned, hereunto duly authorized. RANCHER ENERGY CORPORATION By: /s/ Jon Nicolaysen --------------------------------------- Jon Nicolaysen, Chief Executive Officer Date: October 22, 2009 3 </TEXT> </DOCUMENT>