Riverside Res Inc (RVSDF) 0.3299 $RVSDF
Riverside Issues Default Notice for Penoles Project and Receives Tajitos Option Agreement Termination
Marketwire Canada - Tue Jun 07, 4:31PM CDT
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Jun 7, 2016) - Riverside Resources Inc. ("Riverside" or the "Company"
(TSX VENTURE:RRI)(OTC PINK:RVSDF)(FRANKFURT:R99) has issued a notice of default to Morro Bay Resources Inc. ("Morro Bay", as Morro Bay has failed to incur the required $750,000 in joint venture expenditures at the Penoles Project by May 16, 2016. The failure of Morro Bay to incur these expenses constitutes a default pursuant to the agreement between Morro Bay and Riverside (see press releases January 20, 2015 and May 5, 2015).
RRI.VN: 0.425 (-0.010)
Riverside Appoints Carol Ellis and Walter Henry to the Board of Directors
Marketwire Canada - Thu Jun 02, 3:31PM CDT
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Jun 2, 2016) - Riverside Resources Inc. ("Riverside" or the "Company" (TSX VENTURE:RRI)(OTC PINK:RVSDF)(FRANKFURT:R99) is pleased to announce that Carol Ellis and Walter Henry have joined the board of directors.
RRI.VN: 0.425 (-0.010)
Morro Bay Announces Notice of Default Provided by Riverside Resources Inc.
Filing Services Canada XHTML - Mon May 30, 4:04PM CDT
MRB.VN: 0.010 (-0.005)
Riverside Reports Drill Results and Provides Exploration Update for Tajitos Gold Project in Sonora, Mexico
Marketwire Canada - Tue May 17, 7:31AM CDT
VANCOUVER, BRITISH COLUMBIA--(Marketwired - May 17, 2016) - Riverside Resources Inc. ("Riverside" or the "Company" (TSX VENTURE:RRI) (OTC PINK:RVSDF) (FRANKFURT:R99), is pleased to provide drill results and an update on exploration work at the Company's Tajitos Gold Project (the "Project", located in Sonora, Mexico. Core and reverse circulation (RC) drilling has concluded and Riverside has now received gold assay results for all samples submitted to the lab. Riverside and partner Centerra Gold Inc. ("Centerra" completed eight (
diamond core holes totalling 1,832 metres. Highlighted intercepts from the core drilling included (reported intervals are approximate true width):
RRI.VN: 0.425 (-0.010)
Riverside Expands Exploration Targets at the Glor Gold Project in Sonora, Mexico
Marketwired - Wed May 04, 7:02AM CDT
VANCOUVER, BRITISH COLUMBIA--(Marketwired - May 4, 2016) - Riverside Resources Inc. ("Riverside" or the "Company" (TSX VENTURE:RRI)(OTC PINK:RVSDF)(FRANKFURT:R99), is pleased to provide an exploration update on recent exploration work at the Company's Glor Gold Project (the "Project", located approximately 8 km west of Alamos Gold's El Chanate Gold Mine in Sonora, Mexico. Several large scale target areas have been identified over an area covering approximately 25 square kilometres, with further follow up work planned for 2016. Riverside will now seek a partner to advance this prospective gold target.
RRI.VN: 0.425 (-0.010)
Riverside Receives Cash Payment and Finalizes Sale With Retained Royalty for Sugarloaf Peak Gold Project
Marketwire Canada - Mon Mar 28, 9:45AM CDT
Riverside Resources Inc. ("Riverside" or the "Company" (TSX VENTURE:RRI)(OTC PINK:RVSDF)(FRANKFURT:R99), is pleased to announce that it has completed a second amendment (the "Second Amendment" to the amended option agreement (the "Amended Option Agreement" with Croesus Gold Corp. ("Croesus". Under the terms of the Amended Option Agreement (see Riverside's press release December 21, 2015) Croesus had $300,000 in remaining cash payments due by December 18, 2017. Riverside has agreed to amend the terms such that Croesus can complete its cash payment obligations with an early onetime cash payment of $250,000 plus $42,000 to reimburse Riverside for pre-paid claim fees. Riverside has now received payment of $292,000, which concludes the cash payment obligations as per the Amended Option Agreement. All other underlying material deal terms from the Amended Option Agreement remain unchanged. Riverside holds 6,000,000 Croesus shares and retains a 2% net smelter returns ("NSR" royalty on the Sugarloaf Peak Gold Project.
RRI.VN: 0.425 (-0.010)
Riverside Resources Inc.: Two Drill Rigs Arrive and Drilling Commences at the Tajitos Gold Project, Sonora, Mexico
Marketwired - Mon Mar 07, 7:03AM CST
Riverside Resources Inc. ("Riverside" or the "Company" (TSX VENTURE: RRI)(OTC PINK: RVSDF)(FRANKFURT: R99) is pleased to announce that drilling has started with diamond core and reverse circulation ("RC" drilling simultaneously testing two separate target areas at the Company's Tajitos Gold Project (the "Project" in Sonora, Mexico. This next phase of work, funded by Centerra Gold Inc. ("Centerra" will include an estimated 6,500 metres of drilling. An initial 1,500 metres of diamond core drilling is planned on two target areas on the Tajitos claims to test coincident geologic, geochemical, and geophysical targets. An additional 5,000 metres of RC drilling is planned for the neighboring Tejo claim area to identify bedrock below the gravel cover and partially test the coincident magnetic high and IP anomaly.
RRI.VN: 0.425 (-0.010)
Riverside Resources Inc.: Exploration Work Defines Gold Zone and Drilling Targets at the Tajitos Gold Project, Sonora, Mexico
Marketwired - Tue Jan 26, 7:46AM CST
Riverside Resources Inc. ("Riverside" or the "Company" (TSX VENTURE: RRI)(OTC PINK: RVSDF)(FRANKFURT: R99) is pleased to announce that exploration work continues with partner Centerra Gold Inc. ("Centerra" at the Company's Tajitos Gold Project (the "Project" in Sonora, Mexico. The initial exploration program funded by Centerra Gold over the past two months included extensive continuous rock chip channel sampling and stream sediment sampling. Drill targets are being defined with further work now underway and up to 4,500 metres in drilling expected to follow.
RRI.VN: 0.425 (-0.010)
Riverside Resources Outlines Corporate Growth Plans For 2016
Marketwired - Wed Jan 13, 10:05AM CST
Riverside Resources Inc. ("Riverside" or the "Company" (TSX VENTURE: RRI)(OTC PINK: RVSDF)(FRANKFURT: R99) is pleased to provide an overview of the Company's growth plans for the coming year and recap the accomplishments achieved during 2015. This past year has been challenging for resource companies with continued downward pressure on commodity prices and share price depreciation hitting the junior mineral exploration sector particularly hard. Riverside has not been immune to the market forces that have driven down share prices, but the Company has taken advantage with its Prospect Generator business model and has been successful in delivering a number of milestones without company share dilution, while still maintaining a strong corporate treasury.
RRI.VN: 0.425 (-0.010)
Riverside Amends Agreement With Croesus Gold Corp. for Sugarloaf Peak Gold Project, Arizona, USA
Marketwired - Mon Dec 21, 7:01AM CST
Riverside Resources Inc. ("Riverside" or the "Company" (TSX VENTURE: RRI)(OTC PINK: RVSDF)(FRANKFURT: R99), is pleased to announce that it has amended its option agreement (the "Option Agreement" with Croesus Gold Corp. ("Croesus", with the amending agreement (the "Amendment" effective December 18, 2015. Riverside has agreed to amend the terms of the Option Agreement in order for Croesus to satisfy its funding obligations in full by cash payments to Riverside of an aggregate of $750,000 CAD and the issuance of at least 6,000,000 common shares in the capital of Croesus. Once the cash and share payments are completed (see table below), Croesus will earn an undivided 100% interest in the Sugarloaf Peak Gold Project (the "Project" with Riverside retaining a 2% net smelter returns ("NSR" royalty.
RRI.VN: 0.425 (-0.010)
Exploration Work Underway With Centerra Gold at Riverside's Tajitos Gold Project, Sonora, Mexico
Marketwired - Mon Nov 30, 7:31AM CST
Riverside Resources Inc. ("Riverside" or the "Company" (TSX VENTURE: RRI)(OTC PINK: RVSDF)(FRANKFURT: R99) is pleased to announce that exploration work has commenced with partner Centerra Gold Inc. ("Centerra" at the Company's Tajitos Gold Project (the "Project" in Sonora, Mexico. This first phase of work is already expanding the target size and documenting high quality future drill targets. The initial $300,000 USD exploration program funded by Centerra Gold includes extensive continuous channel rock chip trenching and stream sediment sampling to test the surface expression of grade and continuity of the gold target, which is interpreted to be at shallow depths based upon previous mapping and exploration work completed by Riverside.
RRI.VN: 0.425 (-0.010)
Riverside Wins Lottery and Right to Stake La Silla Gold Project Claims in Sinaloa, Mexico
Marketwire Canada - Tue Nov 17, 9:30AM CST
Riverside Resources Inc. ("Riverside" or the "Company" (TSX VENTURE:RRI)(FRANKFURT:R99)(OTC PINK:RVSDF), is pleased to announce that it has acquired two large recently released mining concessions through a lottery process. The combined concessions obtained by Riverside cover approximately 2,305 hectares (approx. 23km2) and comprises an integral part of the historic La Silla district.
RRI.VN: 0.425 (-0.010)
Riverside Issues Default Notice for Penoles Project and Receives Tajitos Option Agreement Termination
Marketwire Canada - Tue Jun 07, 4:31PM CDT
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Jun 7, 2016) - Riverside Resources Inc. ("Riverside" or the "Company"
(TSX VENTURE:RRI)(OTC PINK:RVSDF)(FRANKFURT:R99) has issued a notice of default to Morro Bay Resources Inc. ("Morro Bay", as Morro Bay has failed to incur the required $750,000 in joint venture expenditures at the Penoles Project by May 16, 2016. The failure of Morro Bay to incur these expenses constitutes a default pursuant to the agreement between Morro Bay and Riverside (see press releases January 20, 2015 and May 5, 2015). RRI.VN: 0.425 (-0.010)
Riverside Appoints Carol Ellis and Walter Henry to the Board of Directors
Marketwire Canada - Thu Jun 02, 3:31PM CDT
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Jun 2, 2016) - Riverside Resources Inc. ("Riverside" or the "Company"
(TSX VENTURE:RRI)(OTC PINK:RVSDF)(FRANKFURT:R99) is pleased to announce that Carol Ellis and Walter Henry have joined the board of directors. RRI.VN: 0.425 (-0.010)
Morro Bay Announces Notice of Default Provided by Riverside Resources Inc.
Filing Services Canada XHTML - Mon May 30, 4:04PM CDT
MRB.VN: 0.010 (-0.005)
Riverside Reports Drill Results and Provides Exploration Update for Tajitos Gold Project in Sonora, Mexico
Marketwire Canada - Tue May 17, 7:31AM CDT
VANCOUVER, BRITISH COLUMBIA--(Marketwired - May 17, 2016) - Riverside Resources Inc. ("Riverside" or the "Company"
(TSX VENTURE:RRI) (OTC PINK:RVSDF) (FRANKFURT:R99), is pleased to provide drill results and an update on exploration work at the Company's Tajitos Gold Project (the "Project", located in Sonora, Mexico. Core and reverse circulation (RC) drilling has concluded and Riverside has now received gold assay results for all samples submitted to the lab. Riverside and partner Centerra Gold Inc. ("Centerra" completed eight ( diamond core holes totalling 1,832 metres. Highlighted intercepts from the core drilling included (reported intervals are approximate true width): RRI.VN: 0.425 (-0.010)
Riverside Expands Exploration Targets at the Glor Gold Project in Sonora, Mexico
Marketwired - Wed May 04, 7:02AM CDT
VANCOUVER, BRITISH COLUMBIA--(Marketwired - May 4, 2016) - Riverside Resources Inc. ("Riverside" or the "Company"
(TSX VENTURE:RRI)(OTC PINK:RVSDF)(FRANKFURT:R99), is pleased to provide an exploration update on recent exploration work at the Company's Glor Gold Project (the "Project", located approximately 8 km west of Alamos Gold's El Chanate Gold Mine in Sonora, Mexico. Several large scale target areas have been identified over an area covering approximately 25 square kilometres, with further follow up work planned for 2016. Riverside will now seek a partner to advance this prospective gold target. RRI.VN: 0.425 (-0.010)
Riverside Receives Cash Payment and Finalizes Sale With Retained Royalty for Sugarloaf Peak Gold Project
Marketwire Canada - Mon Mar 28, 9:45AM CDT
Riverside Resources Inc. ("Riverside" or the "Company"
(TSX VENTURE:RRI)(OTC PINK:RVSDF)(FRANKFURT:R99), is pleased to announce that it has completed a second amendment (the "Second Amendment" to the amended option agreement (the "Amended Option Agreement" with Croesus Gold Corp. ("Croesus". Under the terms of the Amended Option Agreement (see Riverside's press release December 21, 2015) Croesus had $300,000 in remaining cash payments due by December 18, 2017. Riverside has agreed to amend the terms such that Croesus can complete its cash payment obligations with an early onetime cash payment of $250,000 plus $42,000 to reimburse Riverside for pre-paid claim fees. Riverside has now received payment of $292,000, which concludes the cash payment obligations as per the Amended Option Agreement. All other underlying material deal terms from the Amended Option Agreement remain unchanged. Riverside holds 6,000,000 Croesus shares and retains a 2% net smelter returns ("NSR" royalty on the Sugarloaf Peak Gold Project. RRI.VN: 0.425 (-0.010)
Riverside Resources Inc.: Two Drill Rigs Arrive and Drilling Commences at the Tajitos Gold Project, Sonora, Mexico
Marketwired - Mon Mar 07, 7:03AM CST
Riverside Resources Inc. ("Riverside" or the "Company"
(TSX VENTURE: RRI)(OTC PINK: RVSDF)(FRANKFURT: R99) is pleased to announce that drilling has started with diamond core and reverse circulation ("RC" drilling simultaneously testing two separate target areas at the Company's Tajitos Gold Project (the "Project" in Sonora, Mexico. This next phase of work, funded by Centerra Gold Inc. ("Centerra" will include an estimated 6,500 metres of drilling. An initial 1,500 metres of diamond core drilling is planned on two target areas on the Tajitos claims to test coincident geologic, geochemical, and geophysical targets. An additional 5,000 metres of RC drilling is planned for the neighboring Tejo claim area to identify bedrock below the gravel cover and partially test the coincident magnetic high and IP anomaly. RRI.VN: 0.425 (-0.010)
Riverside Resources Inc.: Exploration Work Defines Gold Zone and Drilling Targets at the Tajitos Gold Project, Sonora, Mexico
Marketwired - Tue Jan 26, 7:46AM CST
Riverside Resources Inc. ("Riverside" or the "Company"
(TSX VENTURE: RRI)(OTC PINK: RVSDF)(FRANKFURT: R99) is pleased to announce that exploration work continues with partner Centerra Gold Inc. ("Centerra" at the Company's Tajitos Gold Project (the "Project" in Sonora, Mexico. The initial exploration program funded by Centerra Gold over the past two months included extensive continuous rock chip channel sampling and stream sediment sampling. Drill targets are being defined with further work now underway and up to 4,500 metres in drilling expected to follow. RRI.VN: 0.425 (-0.010)
Riverside Resources Outlines Corporate Growth Plans For 2016
Marketwired - Wed Jan 13, 10:05AM CST
Riverside Resources Inc. ("Riverside" or the "Company"
(TSX VENTURE: RRI)(OTC PINK: RVSDF)(FRANKFURT: R99) is pleased to provide an overview of the Company's growth plans for the coming year and recap the accomplishments achieved during 2015. This past year has been challenging for resource companies with continued downward pressure on commodity prices and share price depreciation hitting the junior mineral exploration sector particularly hard. Riverside has not been immune to the market forces that have driven down share prices, but the Company has taken advantage with its Prospect Generator business model and has been successful in delivering a number of milestones without company share dilution, while still maintaining a strong corporate treasury. RRI.VN: 0.425 (-0.010)
Riverside Amends Agreement With Croesus Gold Corp. for Sugarloaf Peak Gold Project, Arizona, USA
Marketwired - Mon Dec 21, 7:01AM CST
Riverside Resources Inc. ("Riverside" or the "Company"
(TSX VENTURE: RRI)(OTC PINK: RVSDF)(FRANKFURT: R99), is pleased to announce that it has amended its option agreement (the "Option Agreement" with Croesus Gold Corp. ("Croesus", with the amending agreement (the "Amendment" effective December 18, 2015. Riverside has agreed to amend the terms of the Option Agreement in order for Croesus to satisfy its funding obligations in full by cash payments to Riverside of an aggregate of $750,000 CAD and the issuance of at least 6,000,000 common shares in the capital of Croesus. Once the cash and share payments are completed (see table below), Croesus will earn an undivided 100% interest in the Sugarloaf Peak Gold Project (the "Project" with Riverside retaining a 2% net smelter returns ("NSR" royalty. RRI.VN: 0.425 (-0.010)
Exploration Work Underway With Centerra Gold at Riverside's Tajitos Gold Project, Sonora, Mexico
Marketwired - Mon Nov 30, 7:31AM CST
Riverside Resources Inc. ("Riverside" or the "Company"
(TSX VENTURE: RRI)(OTC PINK: RVSDF)(FRANKFURT: R99) is pleased to announce that exploration work has commenced with partner Centerra Gold Inc. ("Centerra" at the Company's Tajitos Gold Project (the "Project" in Sonora, Mexico. This first phase of work is already expanding the target size and documenting high quality future drill targets. The initial $300,000 USD exploration program funded by Centerra Gold includes extensive continuous channel rock chip trenching and stream sediment sampling to test the surface expression of grade and continuity of the gold target, which is interpreted to be at shallow depths based upon previous mapping and exploration work completed by Riverside. RRI.VN: 0.425 (-0.010)
Riverside Wins Lottery and Right to Stake La Silla Gold Project Claims in Sinaloa, Mexico
Marketwire Canada - Tue Nov 17, 9:30AM CST
Riverside Resources Inc. ("Riverside" or the "Company"
(TSX VENTURE:RRI)(FRANKFURT:R99)(OTC PINK:RVSDF), is pleased to announce that it has acquired two large recently released mining concessions through a lottery process. The combined concessions obtained by Riverside cover approximately 2,305 hectares (approx. 23km2) and comprises an integral part of the historic La Silla district. RRI.VN: 0.425 (-0.010)
