Riata Resources Corp.

Riata Resources Corp.

September 21, 2010 20:53 ET

Riata Resources Corp. Restructuring Update

CALGARY, ALBERTA--(Marketwire - Sept. 21, 2010) - Riata Resources Corp. ("Riata" or the "Corporation") (TSX VENTURE:RTR) advises that it has issued 932,445 shares at a deemed price of $0.10 per share to settle outstanding fees in aggregate of $92,345 due to directors. TSX-V approval was received on September 3, 2010.

Except for historical information contained in this release, the matters discussed are forward looking statements that involve risks and uncertainties. When used in this release, words such as "anticipate", "believe", "estimate", "expect", "probable" and "intend" and similar expressions, as they relate to the Corporation or its management, identify forward looking statements. Such forward-looking statements are based on the beliefs of the Corporation's management, as well as assumptions made by and information currently available to the Corporation's management. Among the factors that could cause actual results to differ materially are the following: the effect of business and economic conditions; the impact of competitive products and pricing; capacity and supply constraints or difficulties; product development; commercialization or technological difficulties; the regulatory and trade environment. The Corporation undertakes no obligation to revise any forward-looking statements as a result of future events or developments.

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

Contact Information

  • Riata Resources Corp.
    Jacqueline M. Tucker
    1 888 420 4788