Riverstone Resources Corporate Update
VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 05/08/12 -- Riverstone Resources Inc. (TSX VENTURE: RVS)(OTCQX: RVREF)(FRANKFURT: 3RV) (the "Company") announces that it granted an aggregate incentive stock options to directors and an officer of the Company exercisable to purchase an aggregate 1,050,000 common shares in the capital of the Company until May 8, 2017, at an exercise price of $0.37 per share, being the closing market price of the Company's shares as traded on the TSX Venture Exchange on May 7, 2012. The incentive stock options were granted in accordance with the Company's Fixed Number Stock Option Plan and are subject to vesting provisions.
ON BEHALF OF THE BOARD
Dwayne Melrose, President and CEO
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 & CEO
604-801-5020
info@riverstoneresources.com
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
www.riverstoneresources.com