Riverstone Resources Files Early Warning Report

Riverstone Resources Files Early Warning Report

ID: 132339

(firmenpresse) - VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 04/04/12 -- Riverstone Resources Inc. (TSX VENTURE: RVS)(FRANKFURT: 3RV)(OTCQX: RVREF) ("Riverstone") advises, pursuant to the early warning requirements of securities laws, that it has disposed of 4,500,000 common shares in the capital of Roxgold Inc. ("Roxgold"). Prior to the transaction, Riverstone had beneficial ownership of 16,000,000 common shares of Roxgold representing approximately 13.2% of Roxgold's issued and outstanding common shares, calculated on a non-diluted basis assuming that no outstanding convertible securities of Roxgold were exercised.

After giving effect to the disposition of the shares, Riverstone has beneficial ownership of 11,500,000 common shares of Roxgold, representing approximately 9.5% of Roxgold's issued and outstanding common shares, calculated on a non-diluted basis assuming that no outstanding convertible securities of Roxgold were exercised.

Riverstone does not presently intend to make further investments in Roxgold, but it may decide to increase or decrease its shareholdings of Roxgold in the future.

A copy of the Early Warning Report being filed with the applicable securities regulators regarding the transaction will be available on SEDAR () and may be obtained by contacting Riverstone as follows:

ON BEHALF OF THE BOARD

Dwayne Melrose, President and COO

Neither 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
Dwayne Melrose
President
604-801-5020

Riverstone Resources Inc.
Don Mosher
Corporate Development
604-685-6465

Riverstone Resources Inc.
Raju Wani
Investor Relations
403-240-0555

Riverstone Resources Inc.
Ron Cooper




Investor Relations
604-986-0112


Themen in dieser Pressemitteilung:


Unternehmensinformation / Kurzprofil:
drucken  als PDF  an Freund senden  MBMI Announces Proposed Share Consolidation NovaGold Announces First Quarter 2012 Conference Call and Webcast
Bereitgestellt von Benutzer: MARKETWIRE
Datum: 05.04.2012 - 00:31 Uhr
Sprache: Deutsch
News-ID 132339
Anzahl Zeichen: 0

contact information:
Town:

VANCOUVER, BRITISH COLUMBIA



Kategorie:

Mining & Metals



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