Riverside Resources Inc. (TSX VENTURE:RRI) reported that the company has granted incentive stock options for the purchase of up to 150,000 common shares of the Company, at a price of CDN$0.54, for a five year period to H. Andrew Daniels, recently appointed Vice President of Exploration of the Company.
The press release is quoted as saying:
The company currently has more than C$2,700,000 in the treasury and fewer than 22,000,000 shares issued. The company has an experienced exploration team that leverages its in-house technical knowledge and vast experience in the field to make discoveries.
