Riverstone Announces Financial Advisor, Stock Options

Riverstone Resources Inc. (TSX VENTURE:RVS)(FRANKFURT:3RV) reported that the company has retained B&D Capital Partners of Vancouver, BC to provide financial advisory services and corporate awareness programs to the Company.

The press release is quoted as saying:

The term of the agreement is 24 months, renewable thereafter on a month-to-month basis until terminated with 30 days notice at any time after an initial 3-month period. Under the terms of the agreement, B&D will receive $5,000 per month and a two-year stock option to purchase 300,000 common shares of the Company at an exercise price of $0.68 per share in accordance with TSX Venture Exchange guidelines and the Company’s stock option plan (the “Plan”).

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