Riverside Resources (TSXV:RRI)

Riverside Resources: Project Generator with a Diversified Portfolio of Assets in Canada, Mexico


With a market capitalization of approximately C$10 million and no debt, Riverside Resources (TSXV:RRI) has successfully advanced over 80 exploration projects and has completed seven successful spinouts and royalty transactions over its 17-year history. Founded in 2007, the company focuses on precious and base metals, with a unique business model designed to minimize financial risk while maximizing exploration opportunities.

Riverside's diversified portfolio spans different geographies and commodities, including gold, silver, copper and rare earth elements (REE) in Ontario and British Columbia in Canada, and across Mexico. Riverside is well-capitalized, with over $5 million in cash on hand, no debt, and a well-established royalty portfolio. This strong financial position allows the company to continue exploring new opportunities while reducing operational risks.

Riverside Resources' projects in Ontario

Riverside Resources' Ontario-based gold projects are located in the Western Abitibi region, one of Canada's most prolific gold-producing areas. The company's assets are near Equinox Gold's Greenstone gold mine, which provides significant potential for future development or acquisition. The Greenstone mine is expected to produce more than 390,000 ounces of gold annually for the first five years of its over 15 years of mine life. As this mine nears the end of its life, Riverside's nearby properties could provide valuable ore, potentially making them attractive targets for acquisition by Equinox or other major players in the region.

Company Highlights

  • Riverside Resources has successfully advanced over 80 exploration projects using more than $85 million in partner-funded exploration.
  • Riverside’s Ontario gold projects are strategically located near Equinox Gold’s Greenstone Mine, offering significant potential for future development or acquisition.
  • The Cecilia gold-silver project in Sonora, Mexico, is advancing through a partner-funded drilling program with Fortuna Silver Mines, offering significant discovery potential.
  • With over C$5 million in cash and no debt, Riverside Resources is financially strong, ensuring sustained exploration activity.
  • The company has completed seven successful spinouts and royalty transactions over its 17 year history, creating substantial value for shareholders.
  • The company’s business model minimizes financial risk by partnering with larger companies, enabling multiple simultaneous exploration projects.

This Riverside Resources profile is part of a paid investor education campaign.*

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Riverside Resources (TSXV:RRI)

Riverside Resources


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Project generator with a diversified portfolio of gold, silver, copper and REE assets in Canada and Mexico

Riverside Announces Filing of Its Management Information Circular in Connection with Its Special Meeting to Approve Spinout Transaction with Blue Jay Gold

Riverside Announces Filing of Its Management Information Circular in Connection with Its Special Meeting to Approve Spinout Transaction with Blue Jay Gold

~Confirms receipt of the Interim Order, files Meeting Materials, and announces another round of Blue Jay financing~

Riverside Resources Inc. (TSXV: RRI) (OTCQB: RVSDF) (FSE: 5YY) ("Riverside" or the "Company") is pleased to announce that its management information circular (the "Information Circular"), form of proxy and letter of transmittal, (together with the Information Circular, the "Meeting Materials") in respect of its annual and special meeting (the "Meeting") of Riverside shareholders (the "Riverside Shareholders") to approve various matters in connection with the previously announced plan of arrangement (the "Arrangement") on January 28, 2025 involving Blue Jay Gold Corp. ("Blue Jay") are being filed today on Riverside's SEDAR+ profile at www.sedarplus.ca. and provided on Riverside's website at www.rivres.com. Riverside is using the notice and access provisions under applicable securities laws to provide Riverside Shareholders with easy electronic access to the Information Circular and other Meeting Materials.

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Riverside Resources Provides Updates on H1 2025 Exploration Programs

Riverside Resources Provides Updates on H1 2025 Exploration Programs

Riverside Resources Inc. (TSXV: RRI) (OTCQB: RVSDF) (FSE: 5YY) ("Riverside" or the "Company") is pleased to provide an update on its exploration progress in Canada and Mexico and further progress on the proposed spinout of Blue Jay Gold. In follow-up to the Company's earlier press release this month, which provided updates on drilling and the 2025 exploration program at the Cecilia project, as well as ongoing collaboration with Fortuna Mining, Riverside is highlighting recent technical results from its gold and copper assets in Mexico, as well as the gold and rare earth element (REE) projects in British Columbia in this news release ahead of presenting at the Prospector Developer Association of Canada conference where the Company once again has booth and will be meeting investors and potential corporate partners.

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Riverside Resources Receives Conditional TSX-V Approval for Spin-Out of Ontario Gold Projects and Engages ICP Securities Inc. for Automated Market Making Services

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Riverside Resources Inc. (TSXV: RRI) (OTCQB: RVSDF) (FSE: 5YY) ("Riverside" or the "Company"), is pleased to announce that it has received the TSX Venture Exchange's conditional approval for the previously announced spin-out of Blue Jay Gold Corp. ("Blue Jay") by way of a statutory plan of arrangement (the "Arrangement") pursuant to the arrangement provisions of the Business Corporations Act (British Columbia). The Arrangement will be voted on by Riverside shareholders at its Annual General and Special Shareholder Meeting scheduled for March 31, 2025 (the "Meeting"). This potential share distribution offers Riverside shareholders, prior to the record date, a similar opportunity to the previous Capitan Silver (CAPT.V) spin-out. In that transaction, Riverside shareholders received shares of Capitan Silver, which have since doubled in value compared to their price at the time of the spinout.

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Riverside Resources and Fortuna Mining Progress with Phase 2 Exploration Program After Positive Drill Results from Q4 2024 Cecilia Drill Program Sonora, Mexico

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Riverside Resources Inc. (TSXV: RRI) (OTCQB: RVSDF) (FSE: 5YY) ("Riverside" or the "Company"), is pleased to announce that the next stage of exploration is now progressing, following the successful completion of the joint Q4 2024 drilling program at the Cecilia Gold Project in Sonora, Mexico. The drill program was conducted in partnership with Fortuna Mining, which continues to advance their earn-in option on the project (See news release: March 13, 2024). Riverside, acting as the operator, completed an initial five-hole, 2,250-meter drilling campaign designed to test four distinct target areas generally with one geological evaluation drill hole per target to seek scale and evidence of a potentially strong hydrothermal system which would set up for a follow up 2025 exploration program which has now begun. The drilling in Q4 hit favorable indicators as outlined below and continued to develop the district scale targets both at Cerro Magallanes and on the broader >60 km sq property package with vast areas to expand.

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Riverside Resources Announces Spin-Out of Ontario Gold Projects into New Company, Blue Jay Gold Corp, for Existing Shareholders

Riverside Resources Announces Spin-Out of Ontario Gold Projects into New Company, Blue Jay Gold Corp, for Existing Shareholders

Riverside Resources Inc. (TSXV: RRI) (OTCQB: RVSDF) (FSE: 5YY) ("Riverside" or the "Company"), is pleased to announce the execution of a definitive arrangement agreement with Riverside's subsidiary, Blue Jay Gold Corp. ("Blue Jay") in respect of the spin-out of its Pichette, Oakes and Duc projects (the "Ontario Gold Projects"), located in Ontario, Canada, to its shareholders by way of a share capital reorganization effected through a statutory plan of arrangement (the "Arrangement") pursuant to the arrangement provisions of the Business Corporations Act (British Columbia) (the "Act"). Under the Arrangement, Riverside will distribute the common shares (each, a "Blue Jay Share") of Blue Jay to Riverside's shareholders. Should the arrangement become effective, Riverside shareholders would own shares in two public companies: Blue Jay, which will focus on the development of the Ontario Gold Projects, and Riverside, which will continue to build its diverse portfolio of projects in Canada, Mexico, and its royalty interests, while also generating new prospective mineral properties, as it has successfully done for the past 17 years.

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www.b-tv.com/post/ceo-clips-yukon-metals-advancing-high-grade-copper-precious-metals-exploration-btv-60

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/Not for distribution to United States newswire services or for dissemination in the United States . Not an offer of securities for sale in the United States /

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Riverside Resources

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