RIVERSIDE RESOURCES INC. ("RRI")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: March 19, 2014
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation pertaining to an Option Agreement dated January 28, 2014 between Riverside Resources Inc. (the 'Company'), its wholly owned subsidiary Riverside Resources Mexico, S.A. de C.V. and the optionor Minera Masoro S.A. de C.V., pursuant to which the Company may acquire a 100% interest in the Cajon gold project, located in Sonora, Mexico. In consideration the Company will make a cash payment of $15,000 upon signing, pay underlying obligations to bring the concession into good standing (approx $170,000), pay $20,000 in cash or shares* within three years of signing, and pay $25,000 in cash or shares* within four year of signing.
*Shares will be issued at the option of the Company, at a deemed price equal to the 20 day volume weighted average price ending with the third trading day before the date of issuance, and subject to a minimum price of $0.05 per share.
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