Riverside Resources Inc.
TSX VENTURE : RRI

Riverside Resources Inc.

February 05, 2010 12:05 ET

Riverside Resources Grants Stock Options

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Feb. 5, 2010) - Riverside Resources Inc. ("Riverside" or the "Company") (TSX VENTURE:RRI) has granted incentive stock options for the purchase of up to 150,000 common shares of the Company, at a price of CDN$0.54, for a five year period to H. Andrew Daniels, recently appointed Vice President of Exploration of the Company.

About Riverside Resources:

Riverside is a well funded exploration team of focused, proactive gold discoverers with the breadth of knowledge to dig much deeper. The company currently has more than C$2,700,000 in the treasury and fewer than 22,000,000 shares issued. The company has an experienced exploration team that leverages its in-house technical knowledge and vast experience in the field to make discoveries. Our geologists use the company's proprietary Mexican database, which is an amalgamation of field knowledge, when it ventures to uncover opportunities that might otherwise be overlooked. The Company's hybrid "prospect generator / drill discoverer" model, allows Riverside to mitigate risk and conserve capital while exposing shareholders to discoveries through focused drill programs. Riverside's expertise is in the Americas with a focus in Mexico and Arizona. Additional property information and diagrams that have been completed by Riverside's in-house exploration team can be found on the Riverside Resources Inc. website at www.rivres.com.

ON BEHALF OF RIVERSIDE RESOURCES INC.

Dr. John-Mark Staude, President & CEO

Certain statements in this press release may be considered forward-looking information, which statements can be identified by the use of forward looking terminology (e.g., "expect", "estimates", "intends", "anticipates", "believes", "plans"). Such information involves known and unknown risks -- including the availability of funds, the results of financing and exploration activities, the interpretation of exploration results and other geological data, or unanticipated costs and expenses and other risks identified by Riverside in its public securities filings that may cause actual events to differ materially from current expectations. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this press release.

The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release.

Contact Information

  • Riverside Resources Inc.
    John-Mark Staude
    President & CEO
    (778) 327-6671
    (778) 327-6675 (FAX)
    info@rivres.com
    www.rivres.com
    or
    Riverside Resources Inc.
    Alex Mason
    Corporate Communications Manager
    (778) 327-6671
    (778) 327-6675 (FAX)
    www.rivres.com