Rainy River Resources Ltd.

Rainy River Resources Ltd.

November 14, 2008 17:41 ET

Rainy River Grants Stock Options

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Nov. 14, 2008) - Nelson W. Baker, President and CEO of Rainy River Resources Ltd. (TSX VENTURE:RR) announces that the Company has granted a total of 1,000,000 stock options to its independent Directors of the Board in accordance with the Company's stock option plan. Each option is exercisable at the price of $0.83 into one common share of the Company for a term of five years.

Nelson W. Baker, President

This release includes certain statements that may be deemed to be "forward-looking statements". All statements in this release, other than statements of historical facts, that address events or developments that management of the Company expects, are forward-looking statements. Although management believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance, and actual results or developments may differ materially from those in the forward-looking statements. The Company undertakes no obligation to update these forward-looking statements if management's beliefs, estimates or opinions, or other factors, should change. Factors that could cause actual results to differ materially from those in forward-looking statements, including market prices, exploration and development successes, continued availability of capital and financing, and general economic, market or business conditions. Please see the public filings of the Company at www.sedar.com for further information.

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

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