VANCOUVER, BRITISH COLUMBIA, Dec 16, 2014 (Marketwired via COMTEX) — Riverside Resources Inc. ("Riverside" or the "Company") (tsx venture:RRI)(otc pink:RVSDF)(frankfurt:R99) announces that it has granted a total 1,087,000 incentive stock options (the "Options") to certain Directors, Consultants and Officers of the Company. The Options are exercisable at $0.27 per share for a period of five years from the date of grant. The Options were granted pursuant to the Company's shareholder-approved stock option plan and are subject to the policies of the TSX Venture Exchange and any applicable regulatory hold periods.
ON BEHALF OF RIVERSIDE RESOURCES INC.
Dr. John-Mark Staude, President & CEO
Certain statements in this press release may be considered forward-looking information. These statements can be identified by the use of forward-looking terminology (e.g., "expect", "estimates", "intends", "anticipates", "believes", "plans"). Such information involves known and unknown risks — including the availability of funds, the results of financing and exploration activities, the interpretation of exploration results and other geological data, or unanticipated costs and expenses and other risks identified by Riverside in its public securities filings that may cause actual events to differ materially from current expectations. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this press release.
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.
Contacts:
Riverside Resources Inc.
John-Mark Staude
President, CEO
Phone: (778) 327-6671
(778) 327-6675 (FAX)
[email protected]
www.rivres.com
Riverside Resources Inc.
Joness Lang
VP, Corporate Development
Phone: (778) 327-6671
(778) 327-6675 (FAX)
[email protected]
www.rivres.comSOURCE: Riverside Resources Inc.
Original Article: http://www.marketwatch.com/story/riverside-resources-grants-options-2014-12-16
