Raging River Exploration Inc. Announces Stock Option Grant

CALGARY, ALBERTA--(Marketwire - May 31, 2012) - Raging River Exploration Inc. ("Raging River") (TSX VENTURE:RRX) is pleased to announce that it has granted 6,195,000 stock options to directors, officers, employees and consultants of Raging River at an exercise price of $1.90.

The stock options have been granted pursuant to Raging River's 10% rolling stock option plan and will expire five years from the date of grant. One third of the options granted will vest on each of the first, second and third anniversaries of the date of grant. Subsequent to this stock option grant, Raging River will have a total of 6,195,000 stock options outstanding.