Riverside Appoints William Lee to Board of Directors
December 10, 2010 – Vancouver, BC: Riverside Resources Inc. ("Riverside" or the "Company") (TSX-V: RRI) is pleased to announce the appointment of Mr. William Lee to the Company’s Board of Directors. Mr. Lee is a well-respected member of the financial and mining communities, providing more than14 years of experience as an acting Director or CFO for companies such as, Rochester Resources Ltd., and Jinshen Gold Mines Inc. He currently serves on the board of Vuzix Corp. Inc, Golden Peaks Resources Ltd., Halo Resources Ltd., and Tinka Resources Ltd.With a strong financial background, including a Bachelor in Commerce from UBC, and is an accredited member of the Institute of Chartered Accountants of British Columbia, Mr. Lee will further enhance the expertise of Riverside’s Board of Directors.
“William Lee has more than a decade of director experience from various mining and technology based companies,” stated John-Mark Staude, President and CEO of Riverside Resources, “Mr. Lee will prove to be a strong asset to the Board of Directors as Riverside continues to build a diverse, experienced, and largely independent board.”
Mr. Murray Seitz has chosen to step down as a Director of Riverside to pursue new opportunities, but continues to be a large supporter of the Company. The Management and Board of Directors extend their thanks to Mr. Seitz and wish him success in future endeavors.
About Riverside Resources:
Riverside is a well funded prospect generation team of focused, proactive gold discoverers with the breadth of knowledge to dig much deeper. The Company currently has approximately $3,000,000 in the treasury and fewer than 25,000,000 shares issued. Riverside is currently working towards finalizing several important events that fit within the Company’s model of growth through partnerships and exploration.
ON BEHALF OF RIVERSIDE RESOURCES INC.
Dr. John-Mark Staude, President & CEO
For additional information contact:
Manager, Corporate Development
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.
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