Riverstone advises, pursuant to the early warning requirements of securities laws, that it has disposed of 980,000 common shares in the capital of Roxgold Inc. Prior to the transaction, Riverstone had beneficial ownership of 16,980,000 common shares of Roxgold representing approximately 16.6% of Roxgold's issued and outstanding common shares, calculated on a non-diluted basis assuming that no outstanding convertible
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