Richview Resources Inc.
TSX : RVR

Richview Resources Inc.

March 02, 2007 17:33 ET

Richview Announces Management Change

TORONTO, ONTARIO--(CCNMatthews - March 2, 2007) - Richview Resources Inc. ("Richview") (TSX:RVR) announced today the resignation of Michael Newbury as the company's President and Chief Executive Officer. Mr. Newbury will continue as a member of the company's board of directors.

The board of directors of Richview thanks Mr. Newbury for his service to the company and leading the company from its early stages through to listing on the Toronto Stock Exchange.

Until a permanent replacement for the positions of President and CEO is found, Mr. Sol Prizant has been appointed as interim President of Richview. Mr. Prizant has recently been providing consulting services to Richview in the development of its exploration program and investor relations strategies.

About Richview Resources Inc.

Richview is proceeding to join the ranks of copper, nickel and platinum group metals producers through the re-commissioning of its wholly owned Thierry Mine in Northern Ontario. The Company is continuing exploration on gold joint venture projects at Pickle Lake (RVR - 75%) and Headway in the Red Lake camp (RVR - 15%). 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 http://www.agoracom.com/IR/richview. Alternatively, investors are asked to e-mail all questions and correspondence to RVR@agoracom.com 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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