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RIVA RECEIVES APPROVAL FROM TSX VENTURE EXCHANGE TO ACQUIRE KEY PROPERTIES IN GUYANA
RIVA RECEIVES APPROVAL FROM TSX VENTURE EXCHANGE TO ACQUIRE KEY PROPERTIES IN GUYANA
About this update from Grosvenor Resource Corporation
[{"type":"text","content":"\n\n\n\n Dec. 16, 2010 (Canada NewsWire Group) -- \n\n#ReleaseContent TABLE\n{\n BORDER-COLLAPSE: collapse\n}\nTR.cnwUnderlinedCell TD\n{\n BORDER-BOTTOM: #000000 1px solid\n}\nTR.cnwDoubleUnderlinedCell TD\n{\n BORDER-BOTTOM: #000000 3px double\n}\nTR.cnwBoldUnderlinedCell TD\n{\n BORDER-BOTTOM: #000000 3px solid\n}\nTD.cnwUnderlinedCell\n{\n BORDER-BOTTOM: #000000 1px solid\n}\nTD.cnwDoubleUnderlinedCell\n{\n BORDER-BOTTOM: #000000 3px double\n}\nTD.cnwBoldUnderlinedCell\n{\n BORDER-BOTTOM: #000000 3px solid\n}\n#ReleaseContent TABLE.cnwBorderedTable TD\n{\n BORDER-RIGHT: black 1px solid;\n PADDING-RIGHT: 2px;\n BORDER-TOP: black 1px solid;\n PADDING-LEFT: 2px;\n PADDING-BOTTOM: 2px;\n BORDER-LEFT: black 1px solid;\n PADDING-TOP: 2px;\n BORDER-BOTTOM: black 1px solid;\n BORDER-COLLAPSE: collapse\n}\n#ReleaseContent TABLE TD\n{\n PADDING-RIGHT: 2px;\n PADDING-LEFT: 2px;\n PADDING-BOTTOM: 2px;\n PADDING-TOP: 2px\n}\n\n\nVANCOUVER, Dec. 16 /CNW/ - Riva Gold Corporation (TSX-V: RIV) ("Riva" or "the Company") announces that it has received approval from\n the TSX Venture Exchange for the previously announced transaction\n involving two agreements (through one of its subsidiaries) with the\n Pereira Group.  The two agreements give Riva the option to acquire the\n rights to two groups of mineral properties in Guyana, the Nine Mile\n Properties and Honey Camp Properties, which include the Puruni\n Property.\n\n\nThe transaction was conditional on the Company obtaining approval from\n the TSX Venture Exchange within 30 days of signing the agreements.\n\n\nErratum - The Company would like to correct an error in this morning's press\n release announcing an up to $10.5 million private placement.  The press\n release stated that each Warrant is exercisable to acquire one Common\n Share at an exercise price of Cdn$2.50 for a period of one year from\n the date of closing. The correct exercise price for each Warrant should\n be Cdn$2.25.\n\n\nAbout Riva\n\n\nRiva is a Canadian mineral exploration company focusing on opportunities\n in Guyana.  The Company controls a total of 125,799 acres of land in\n highly prospective and under-explored areas of Guyana and trades on the\n TSX Venture Exchange under the symbol "RIV".\n\n\nFORWARD-LOOKING STATEMENTS\n\n\nCertain statements contained in this news re...