Dr. John-Mark Staude reports

RIVERSIDE RESOURCES ANNOUNCES CLOSING OF NON-BROKERED PRIVATE PLACEMENT FOR $3.7 MILLION

Riverside Resources Inc. has completed the closing of a non-brokered private placement. This investment was accomplished with strategic investors, many of whom have previously supported Riverside in the past, and further strengthens the company's shareholder base and positions it for continued growth and future transactions.

The offering comprised 18.46 million hard-dollar units of the company at a price of 20 cents per unit for gross proceeds of $3,692,000. Each unit consists of one common share and one-half of one common share purchase warrant. Each whole warrant entitles the holder to acquire one additional common share of the company at an exercise price of 30 cents for a period of two years from the date of issuance, subject to customary acceleration provisions.

"Riverside is in a strong financial position and this strategic additional investment by key shareholders who have stayed with us over many cycles continues our growth," said John-Mark Staude, president and chief executive officer of Riverside Resources. "Their continued support signals trust in our approach of finding and curating exploration business, including spinouts to shareholders and retaining royalties."

The company intends to use the net proceeds of the offering for strategic initiatives, working capital and general corporate purposes, and the advancement of its projects.

Certain directors and officers participated in the offering and acquired an aggregate of 225,000 units for total gross proceeds of $45,000. Their participation constitutes a related party transaction under Multilateral Instrument 61-101, Protection of Minority Security Holders in Special Transactions. The company relied on exemptions from the formal valuation and minority shareholder approval requirements contained in sections 5.5(b) and 5.7(1)(a) of MI 61-101, as the fair market value of securities issued to insiders does not exceed 25 per cent of the company's market capitalization. The insider participation does not result in a material change in the percentage of outstanding shares of the company held by each insider. The offering was unanimously approved by the board of directors of the company, with any participating directors declaring and abstaining from voting on the resolutions approving the offering with respect to their participation in the offering. No materially contrary view or abstention was expressed or made by any director of the company in relation thereto. The company did not file a material change report related to the offering more than 21 days before the expected closing of the offering, as the details of the insider participation were settled shortly prior to the closing of the offering and the company wished to close the offering on an expedited basis for sound business reasons.

No finders' fees were paid in connection with the offering by the company.

All securities issued under the offering are subject to a statutory hold period of four months and one day, expiring on March 29, 2026, in accordance with applicable securities laws and the policies of the TSX Venture Exchange. The offering is subject to the final approval of the TSX-V.

About Riverside Resources Inc.

Riverside is a well-financed exploration company driven by value generation and discovery. The company has a solid balance sheet, with no debt and 93 million shares outstanding, with a strong portfolio of gold-silver and copper assets and royalties in North America.

We seek Safe Harbor.