Riverside Appoints Wendy T. Chan as New Director
Riverside Appoints Wendy T. Chan as New
Director
Vancouver, British Columbia--(Newsfile Corp. - May 3, 2022) -
Riverside Resources Inc.
(TSXV: RRI)
(OTCQB: RVSDF) (FSE: 5YY)
("Riverside" or the "Company"),
is pleased to announce that the
Company has appointed Wendy T. Chan as an Independent Director of Riverside. Her expertise will be
extremely valuable to Riverside's corporate strategic development progress. Wendy has over 20 years'
experience in developing and executing strategic plans for major companies with global outreach, with a
focus on mergers and acquisitions, joint-ventures and cross-cultural strategic alliances. Wendy replaces
Carol Ellis. Carol, for personal career direction has decided to complete being a director and move to
other endeavors. Carol has provided strong business and financial guidance to Riverside for over 5
years especially in the areas of audit and compliance.
Wendy has worked with entrepreneurial and global companies. In the mining space, companies she has
worked with include: Zijin Mining, Skeena Resources, Roxgold, Sunridge, Novo Resources, Vendetta
and VR Resources. She has profitably managed businesses with full P&L responsibilities and/or
completed key projects ranging from $2-250MM. She has devised strategic plans at Fortune 500
companies and has led negotiations and cross-functional teams in corporate development, marketing,
strategic alliances, and product portfolio management. During her time at Moxie Strategy Inc., a
management consulting firm that specializes in strategy, business development, and mergers and
acquisition, she has led and completed key development projects in Asia, Australia, Africa, North and
South America.
Wendy has a BSc. from the University of British Columbia, an MBA in Finance and Marketing from
McGill University and an ICD.D, from the Rotman School of Management, University of Toronto. She is
fluent in Mandarin and Cantonese and a few other Asian languages and is conversant in East-West
cultures, which has enabled her to have successfully led many cross-cultural business development
projects particularly in the gold and copper mineral space as well as in other business arenas. With her
experience and skills to help corporations grow and prosper, Wendy adds to the existing business
strengths of the current Riverside Board and Management Team.
Riverside's President and CEO, John-Mark Staude:
"
We are delighted Wendy has joined the
diverse Riverside Resources board and brings a passion and skill for major transactions and
corporate growth which fits with Riverside's overall push to move along the discovery and mineral
development pipeline with its copper, gold, silver and other assets. Wendy has been a friend of
Riverside and shareholder for some time and now joining the board is a natural and powerful
progression".
About Riverside Resources Inc.:
Riverside is a well-funded exploration company driven by value generation and discovery. The Company
has over $4M in cash, no debt and less than 75M shares outstanding with a strong portfolio of gold-silver
and copper assets and royalties in North America. Riverside has extensive experience and knowledge
operating in Mexico and Canada and leverages its large database to generate a portfolio of prospective
mineral properties. In addition to Riverside's own exploration spending, the Company also strives to
diversify risk by securing joint-venture and spin-out partnerships to advance multiple assets
simultaneously and create more chances for discovery. Riverside has properties available for option,
with 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
Raffi Elmajian
Corporate Communications
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 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.
To view the source version of this press release, please visit
https://www.newsfilecorp.com/release/122447