AN OFFER OF THE SECURITIES DESCRIBED HEREIN Riverside Resources Inc. Announces Private Placement of $3,025,000
1110 – 1111 West Georgia Street, Vancouver, BC, V6E 4M3 Tel: (778) 327-6671
TSX-V: RRI
PRESS RELEASE Pink Sheets: RVSDF
Frankfurt: R99
THIS NEWS RELEASE IS NOT INTENDED FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES
OR FOR DISSEMINATION IN THE UNITED STATES AND DOES NOT CONSTITUTE
AN OFFER OF THE SECURITIES DESCRIBED HEREIN
Riverside Resources Inc. Announces Private Placement of
$3,025,000
February 21, 2017: Vancouver, BC – Riverside Resources Inc. (the “Company” or
“Riverside”) is pleased to announce that it has arranged a non -brokered private placement of up
to 5,500,000 units at a price of $0. 55 per unit to raise aggregate proceeds of up to $ 3,025,000.
Each unit consists of one common share and one half of one common share purchase warrant.
Each whole common share purchase warrant is exercisable into one common share for a period
of two (2) years from closing at a price of $0. 85 per share. The term of the warrants is subject to
an accelerated exercise provision that triggers a shortened exercise period in the event that the
Company’s shares trade at $1. 15 or higher for 15 consecutive trading days after the expiry of
four months from the issuance of th e warrant but prior to the expiry of the first year of the
warrant term.
The Company will use the proceeds of the financi ng to fund a first phase exploration program at
the Cecilia Gold Project, additional project acquisitions and general corporate purposes.
The Company may pay f inders fees to qualified finders of up to 6.0% of the proceeds realized
from subscribers identified by the finder in cash or units.
The closing of the Private Placement is subject to TSX Venture Exchange approval.
The securities offered have not been and will not be registered under the U.S Securities Act of
1933, as amended, and may not be offered or sold in the United States absent registration or an
applicable exemption from registration requirements.
About Riverside Resources Inc.:
Riverside is a well -funded exploration team of focused, proactive gold discoverers. T he
Company currently has approximately $3 ,300,000 in the treasury and approximately 37,500,000
shares outstanding. The Company’s model of growth through partnerships and exploration use s
the prospect generation business approach to own resources, while partners share in de -risking
projects on route to discovery. Riverside has additional properties available for option with more
information available on the Company’s website at www.rivres.com.
ON BEHALF OF RIVERSIDE RESOURCES INC.
“John-Mark Staude”
Dr. John-Mark Staude, President & CEO
For additional information contact:
John-Mark Staude
President & CEO
Riverside Resources Inc.
Phone: (778) 327-6671
Fax: (778) 327-6675
Web: www.rivres.com
Joness Lang
VP, Corporate Development
Riverside Resources Inc.
Phone: (778) 327-6671
TF: (877) RIV-RES1
Web: www.rivres.com
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 c urrent 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 defin ed in the policies of the
TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.