Riverstone Grants Stock Option
VANCOUVER, BRITISH COLUMBIA, Nov 05, 2009 (MARKETWIRE via COMTEX) --
Companies: Riverstone Resources Inc (RVREF), Riverstone Resources Inc (RVS)
Riverstone Resources Inc. (TSX VENTURE: RVS)(FRANKFURT: 3RV) announces that, pursuant to the Company's Stock Option Plan, a total of 150,000 incentive stock options have been granted to a consultant of the Company as defined by TSX Venture Exchange Policy 4.4. The options are exercisable for a five-year period at a price of $0.205 per share and are subject to regulatory approval and vesting provisions over an eighteen month period. The options will bear a four-month hold period and will expire on November 5, 2014.
Riverstone Resources Inc. is a company active in gold exploration in Burkina Faso, West Africa. For further information about the Company, please refer to the Company's website at www.riverstoneresources.com and under the Company's profile at www.sedar.com
On Behalf of the Board of Directors
Michael D. McInnis, President
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: Riverstone Resources Inc. - Vancouver Office Michael D. McInnis President 604-801-5020 Riverstone Resources Inc. Raju Wani Investor Relations 403-240-0555 Riverstone Resources Inc. Ron Cooper Investor Relations 604-986-0112 info@riverstoneresources.com www.riverstoneresources.com
SOURCE: Riverstone Resources Inc.
mailto:info@riverstoneresources.com http://www.riverstoneresources.com
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Companies: Riverstone Resources Inc (RVREF), Riverstone Resources Inc (RVS)
Related terms: burkina faso, consultant, exploration, frankfurt, gold, grants, policy, president, stock option, vancouver
