Richview Resources Inc.

Richview Resources Inc.

November 14, 2006 12:53 ET

Richview Resources Inc. Grants Stock Options

TORONTO, ONTARIO--(CCNMatthews - Nov. 14, 2006) - Richview Resources Inc. ("Richview")(TSX VENTURE:RVR) announces that subject to regulatory approval, it has granted an aggregate 925,000 stock options. A total of 175,000 stock options have been granted to consultants to the Company and 500,000 stock options have been granted to an officer of the Company. These stock options are exercisable at $0.35 for a period of 5 years from the date of grant. The remaining 250,000 options have been granted to Agoracom Investor Relations Corp. and are exercisable at $0.40 for a period of 2 years from the date of grant (see news release dated September 18, 2006 for more information).

About Richview

Richview Resources is a Tier 1 TSX Venture Exchange Company that is conducting exploration and participating in joint ventures for base metal and gold. The Company's primary property is the copper/nickel Thierry Mine property near Pickle Lake, Ontario. This property was previously mined by Union Minere Exploration Company in the late 1970's and early 1980's. Operations ceased due to the depressed commodity prices prevailing at that time.

Richview has delineated a copper/nickel resource on the Thierry property that also contains economic values of platinum, palladium, gold and silver. The Company is now proceeding with a scoping study to determine the technical feasibility and economic viability of the project. This study will set out the parameters for proceeding with dewatering of the mine, metallurgical studies and conducting underground delineation drilling on extensions of the copper/nickel mineralization. The Company is also proceeding with surface exploration and evaluation of it 75% owned Pickle Crow gold property.

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.

This press release is available on the Richview Resources 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.

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

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