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Riverstone has completed an initial NI43-101 resource estimate on one project with indicated gold resources of 820,500 ounces and a further inferred resource of 320,300 ounces.

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Grants Stock Options

posted on Jan 28, 2009 11:02AM
January 28, 2009
Riverstone Grants Stock Options
VANCOUVER, BRITISH COLUMBIA--(Marketwire - Jan. 28, 2009) - Riverstone Resources Inc. (the "Company") (TSX VENTURE:RVS)(FRANKFURT:3RV) announces that a total of 730,000 incentive stock options have been granted under the Company's Stock Option Plan to directors, officers, employees and consultants of the Company as defined by TSX Venture Exchange Policy 4.4. The options are exercisable for a five-year period at a price of $0.205 per share and are subject to regulatory approval. The options will bear a four-month hold period and are subject to vesting provisions over an eighteen-month period, in accordance with the terms of the Plan. In addition, options previously granted to directors, officers, consultants and employees of the Company at various exercise prices between $0.26 and $0.40 and expiring at dates between May 5, 2009 and February 6, 2013 have been re-priced to an exercise price of $0.205 per share subject to TSX Venture Exchange approval. No other terms of the agreements have been changed.

Riverstone Resources is a leading landholder in Burkina Faso, controlling seventeen separate permits and close to 3,500 square kilometres in seven different project areas. For further information about the Company and its activities in Burkina Faso, please refer to the Company's website at www.riverstoneresources.com and on www.sedar.com.

ON BEHALF OF THE BOARD

Michael D. McInnis, P.Eng., CEO & President
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