Rio Cristal Resources Corporation
TSX VENTURE : RCZ
BVLAC : RCZ

Rio Cristal Resources Corporation

January 21, 2011 09:30 ET

Rio Cristal Announces Warrant Expiry Acceleration

VANCOUVER, BRITISH COLUMBIA and LIMA, PERU--(Marketwire - Jan. 21, 2011) -

NOT FOR DISTRIBUTION IN THE UNITED STATES OR THROUGH U.S. NEWSWIRE SERVICES

Rio Cristal Resources Corporation (TSX VENTURE:RCZ)(BVLAC:RCZ) ("Rio Cristal" or the "Company") announces that it has elected to accelerate the expiry of the outstanding share purchase warrants originally issued by the Company on April 22, 2009 (the "Warrants"). Notice of the acceleration of the expiry of the Warrants is being mailed to the holders of the Warrants.

The closing price of the Company's common shares on the TSX Venture Exchange has been equal to or greater than C$0.12 for a period of ten consecutive trading days. Accordingly, the Company is permitted under the terms of the Warrants to trigger the early accelerated expiry provisions in the Warrants.

The holders may exercise the Warrants until February 22, 2011 by surrendering to Rio Cristal Resources Corporation c/o Suite 206, 9440 – 202nd Street, Langley, British Columbia, Canada, V1M 4A6 the original certificate representing the Warrants and the subscription form attached thereto duly completed and executed, along with payment of the purchase price for the number of shares subscribed for on exercise of the Warrants.

About Rio Cristal Resources Corporation

Rio Cristal Resources is a Canadian corporation focused on the discovery and further development of gold, copper and zinc deposits in Peru. The Company's shares are listed on the Toronto Stock Exchange, Venture Segment and the Bolsa de Valores de Lima (Lima Stock Exchange) under the symbol RCZ.

Information about Rio Cristal Resources Corporation can be found on the Company's website, www.riocristalresources.com.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Contact Information

  • Rio Cristal Resources Corporation
    Lucia Cestti
    (778) 588-6880 or Toll Free: (866) 609-9644
    or
    Rio Cristal Resources Corporation
    Thomas Findley
    (778) 588-6880 or Toll Free: (866) 609-9644
    (604) 609-9946 (FAX)
    www.riocristalresources.com