Richview Resources Inc.

Richview Resources Inc.

October 03, 2007 16:40 ET

Stock Option Grant

TORONTO, CANADA--(Marketwire - Oct. 3, 2007) - Richview Resources Inc. ("Richview") (TSX:RVR) announces that subject to regulatory approval, it has granted an aggregate 1,000,000 stock options. The total 1,000,000 stock options have been granted to an officer and director of the Company. The options are subject to a vesting schedule and exercisable at $0.16 for a period of 5 years from the date of grant.

About Richview Resources Inc.

Richview is the sole owner of the past-producing Thierry Mine property in north-western Ontario, adjacent to the town of Pickle Lake. . Richview is a Canadian company committed to responsible development of natural resources while respecting local environmental, community and social interests.

This press release is available on the Richview IR HUB for investor commentary, feedback and questions. Investors are asked to visit Alternatively, investors are asked to e-mail all questions and correspondence to where they can also request addition to the investor e-mail list to receive all future press releases and correspondence directly.

This press release includes certain "Forward-Looking Statements" within the meaning of the US Private Securities Reform Act of 1995. Other than statements of historical fact, all statements are "Forward-Looking Statements" that involve such various known and unknown risks, uncertainties and other factors. There can be no assurance that such statements will prove accurate. Results and future events could differ materially from those anticipated in such statements. Readers of this press release are cautioned not to place undue reliance on these "Forward-Looking Statements". All dollar amounts are Canadian dollars unless otherwise noted.

Neither the TSX, nor any other securities regulatory authority has approved or disapproved of the contents of this news release.

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