Friday, September 12, 2025

Latest

Riverside Resources Announces Charity Flow Through Offering

Riverside Resources (TSXV: RRI) this morning announced that it will be conducting a small charity flow through private placement offering. Funds from the proceeds are to be used for the exploration of its property in Ontario.

Under the terms of the offering, the firm will look to sell 2.9 million common shares of the company at a price of $0.21 per share. Proceeds from the offering are expected to amount to $600,000. No warrant is being included with the offering, with the firm itself having no warrants outstanding.

Proceeds from the financing will be used for a drill program planned for the first half of 2022 at the firms Oakes Gold Project, located in Ontario. Proceeds will also be utilized for follow-up work related to trenching and IP work conducted during last year’s exploration season.

A closing date for the offering was not provided.

Riverside Resources last traded at $0.165 on the TSX Venture.


FULL DISCLOSURE: Riverside Resources is a client of Canacom Group, the parent company of The Deep Dive. The author has been compensated to cover Riverside Resources on The Deep Dive, with The Deep Dive having full editorial control. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security.

Video Articles

Avino Q2 Earnings: Steady As She Goes

MEG Energy: Cenovus Comes In With $7.9 BILLION Offer

Orla Mining Q2 Earnings: Musselwhite Changes Everything

Recommended

Northern Superior Expands Philibert With 350 Metre Step Out Testing 1.10 g/t Gold Over 25.5 Metres

Goliath Resources Hits 18.58 g/t Gold Over 5.00 Metres At Surebet

Related News

You Can’t Create Gold – The Daily Dive feat John-Mark Staude Of Riverside Resource

Today on the Daily Dive, we see the return of frequent guest John-Mark Staude, CEO...

Tuesday, January 12, 2021, 01:30:00 PM

Riverside Resources Begins Drill Testing At Oakes Project

Exploration has begun for Riverside Resources (TSXV: RRI) at its Oakes Project. Found within the...

Thursday, March 3, 2022, 08:58:27 AM

Riverside Resources Reports First Assay Results From Oakes Gold Project

The first assay results are in for Riverside Resources’ (TSXV: RRI) recent exploration program conducted...

Wednesday, June 15, 2022, 09:08:12 AM

Riverside Completes Spin-Out of Capitan Mining

Riverside Resources (TSXV: RRI) has completed the spin out of shares of Capitan Mining (TSXV:...

Friday, August 14, 2020, 09:50:42 AM

Gold Company: No Financing, No Warrants, & Money in the Bank! with John-Mark Staude of Riverside Resources

In this interview at the Precious Metals Summit 2024, John-Mark Staude, President and CEO of...

Thursday, September 12, 2024, 04:45:00 PM