Richview Resources Inc. to Commence Trading on the TSX Venture Exchange.TORONTO -- Richview Resources Inc. ("Richview") announced today that it has received final approval to list its common shares on the TSX Venture Exchange TSX Venture Exchange Originally called the Canadian Venture Exchange (CDNX), this was a result of the merger of the Vancouver and Alberta stock exchanges. The goal of TSX Venture Exchange is to provide venture companies with effective access to capital while protecting investors. ("TSXV"). Trading in the Company's shares on the TSXV will commence on Thursday, December 15, 2005 under the symbol RVR RVR Regionalverband Ruhr (Ruhr area, Germany) RVR Runway Visual Range RvR Realm Versus Realm (game) RVR Renal Vascular Resistance RVR Risk vs. . Richview is a mineral exploration company focused on the acquisition, exploration and development of mineral resources Noun 1. mineral resources - natural resources in the form of minerals natural resource, natural resources - resources (actual and potential) supplied by nature , primarily base metals and gold. The company currently holds several mining interests including an interest in the Thierry Mine located in the Pickle Lake area of northern Ontario Northern Ontario is the part of the province of Ontario which lies north of Lake Huron (including Georgian Bay), the French River and Lake Nipissing. Northern Ontario has a land area of 802,000 km² (310,000 mi²) and constitutes 87% of the land area of Ontario, although it , (the "Thierry Mine") and a gold property consisting of patented and staked claims in Grenfell Township, approximately 12 kms west of Kirkland Lake, Ontario Kirkland Lake is a town located in Timiskaming District in northeastern Ontario, Canada. The 2006 population, according to Statistics Canada, was 8,248. The lake nearby was named after Winnifred Kirkland, a secretary of the Ontario Department of Mines in Toronto. (the "Kirkland Lake Kirkland Lake, mining town, E Ont., Canada. An important gold-mining center, gold was discovered there in 1911 and again in the 1980s at Harker. The mining of iron ore and tourism are two other important industries. Property"). The TSXV has granted final approval for listing to Richview on the basis that the Kirkland Lake Property satisfies the TSXV's minimum listing requirements Listing requirements Requirements, including minimum shares outstanding, market value, and income, that are laid down by an exchange for any stock to be listed for trading. for a tier 2 issuer. Earlier this year, Richview received conditional approval for listing on the TSXV as a tier 1 issuer that was subject to the satisfaction of a number of conditions including, amongst other things, transfer to Richview of legal title to the Thierry Mine from a previous owner of the property interest. Transfer of the legal title haD been delayed pending resolution with the relevant provincial government authorities of certain outstanding issues affecting title. Richview has now successfully resolved these issues and, in addition, has signed a letter of intent with PGM PGM Program PGM Pragmatic General Multicast PGM Phosphoglucomutase PgM Program Manager PGM Platinum Group Metal PGM Pagemaker (software) PGM Portable Gray Map PGM Precision Guided Munition Ventures Corporation, to acquire the balance of PGM's interest in the Thierry Mine. Richview is now finalizing formal documentation to complete this acquisition and to complete transfer of legal title to the property. Upon completion of both, which Richview anticipates will occur shortly; Richview will hold legal title to 100% of the Thierry Mine and at that point intends to seek graduation to a tier 1 listing. Some of the statements contained in this release are forward-looking statements, such as estimates and statements that describe Richview's future plans, objectives or goals, including words to the effect that Richview or management expects a stated condition or result to occur. Since forward-looking statements address future events and conditions, by their very nature, they involve inherent risks and uncertainties. Actual results in each case could differ materially from those currently anticipated in such statements. Issued Capital: 58,077,350 Common Shares |
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