Riverstone Resources Inc.
TSX VENTURE : RVS
FRANKFURT : 3RV

Riverstone Resources Inc.

April 23, 2010 13:32 ET

Riverstone Announces Financial Advisor, Stock Options

VANCOUVER, BRITISH COLUMBIA--(Marketwire - April 23, 2010) - Riverstone Resources Inc. (TSX VENTURE:RVS)(FRANKFURT:3RV) ("Riverstone" or the "Company") is pleased to announce it has retained B&D Capital Partners ("B&D") of Vancouver, BC to provide financial advisory services and corporate awareness programs to the Company. The term of the agreement is 24 months, renewable thereafter on a month-to-month basis until terminated with 30 days notice at any time after an initial 3-month period. Under the terms of the agreement, B&D will receive $5,000 per month and a two-year stock option to purchase 300,000 common shares of the Company at an exercise price of $0.68 per share in accordance with TSX Venture Exchange guidelines and the Company's stock option plan (the "Plan"). The options will bear a four-month hold period and are subject to vesting provisions over an eighteen-month period, in accordance with the terms of the Plan. The agreement and stock options are subject to regulatory approval.

Riverstone Resources Inc. is active in gold exploration in Burkina Faso, West Africa, where the company holds an extensive portfolio of six high quality exploration permits covering 2,300 square kilometres. For further information about the company and its activities, please refer to the company's website at www.riverstoneresources.com and under the Company's profile at www.sedar.com.

ON BEHALF OF THE BOARD
"Michael D. McInnis"
 
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 Michael D. McInnis, P. Eng., President & CEO

Neither 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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