RIVA GOLD GRANTS STOCK OPTIONS
November 29 2010 - 8:45PM
PR Newswire (Canada)
VANCOUVER, Nov. 29 /CNW/ -- VANCOUVER, Nov. 29 /CNW/ - Riva Gold
Corporation (TSX-V: RIV) ("Riva" or "the Company") has granted
300,000 incentive stock options to independent Directors of the
Company. The options are exercisable at $1.55 per share for a
period of five years expiring on November 29, 2015. The grant is
subject to regulatory approval. About Riva Riva is a Canadian
mineral exploration company focusing on opportunities in
Guyana. The Company controls a total of 125,799 acres
of land in highly prospective and under-explored areas of Guyana
and trades on the TSX Venture Exchange under the symbol "RIV".
FORWARD-LOOKING STATEMENTS Certain statements contained in this
news release, including all statements that are not historical
facts, contain forward-looking statements and forward-looking
information within the meaning of applicable securities laws. Such
forward-looking statements or information include, but are not
limited to, statements or information with respect to: the
exploration and development of the mineral properties being
acquired by the Company; the Company's future business and
strategies; and expectations regarding the ability of the Company
to close the acquisition. Often, but not always, forward-looking
statements or information can be identified by the use of words
such as "plans", "expects" or "does not expect", "is expected",
"budget", "scheduled", "estimates", "forecasts", "intends",
"anticipates" or "does not anticipate" or "believes" or variations
of such words and phrases or statements that certain actions,
events or results "may", "could", "would", "might" or "will" be
taken, occur or be achieved. With respect to forward-looking
statements and information contained herein, we have made numerous
assumptions including among other things, that no significant
adverse changes will occur to our planned exploration expenditures,
that there will be no significant delays of the completion of our
planned exploration programs; as to the continuing availability of
capital resources to fund our exploration programs; and that the
Company will not experience any adverse legislative or regulatory
changes. Although our management believes that the assumptions made
and the expectations represented by such statement or information
are reasonable, there can be no assurance that any forward-looking
statement or information referenced herein will prove to be
accurate. Forward-looking statements and information by their
nature are based on assumptions and involve known and unknown
risks, uncertainties and other factors which may cause our actual
results, performance or achievements, or industry results, to be
materially different from any future results, performance or
achievements expressed or implied by such forward-looking statement
or information. Such risks, uncertainties and other factors
include, among other things: general economic, market and business
conditions; land use rights; adverse industry events; the ability
of the Company to acquire additional mineral properties of merit;
seasonality and weather conditions; and currency fluctuations.
Although we have attempted to identify factors that would cause
actual actions, events or results to differ materially from those
disclosed in the forward-looking statements or information, there
may be other factors that cause actions, events or results not to
be as anticipated, estimated or intended. Also, many of the factors
are beyond the control of the Company. Accordingly, readers should
not place undue reliance on forward-looking statements or
information. The Company undertakes no obligation to reissue or
update any forward-looking statements or information as a result of
new information or events after the date hereof except as may be
required by law. All forward-looking statements and information
herein are qualified by this cautionary statement. Riva Gold
Corporation On behalf of the Board of Directors for Riva: Richard
Warke, Chairman and Chief Executive Officer 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.
pplease visit a
href="http://www.rivagoldcorp.com"uwww.rivagoldcorp.com/u/a or
contact:br/ Letitia Cornacchia, Vice President, Investor Relations
and Corporate Communicationsbr/ Tel: +1 416 644 5084br/ Email: a
href="mailto:lcornacchia@rivagoldcorp.com"lcornacchia@rivagoldcorp.com/a/p
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