Riverside Appoints Wendy T. Chan as New Director
Vancouver, May 3, 2022 - Riverside Resources Inc. (TSXV: RRI) (OTCQB: RVSDF) (FSE: 5YY) ("Riverside" or the "Company"), is pleased to announce that the Company has appointed Wendy T. Chan as an Independent Director of Riverside. Her expertise will be extremely valuable to Riverside's corporate strategic development progress. Wendy has over 20 years' experience in developing and executing strategic plans for major companies with global outreach, with a focus on mergers and acquisitions, joint-ventures and cross-cultural strategic alliances. Wendy replaces Carol Ellis. Carol, for personal career direction has decided to complete being a director and move to other endeavors. Carol has provided strong business and financial guidance to Riverside for over 5 years especially in the areas of audit and compliance.
Wendy has worked with entrepreneurial and global companies. In the mining space, companies she has worked with include: Zijin Mining, Skeena Resources, Roxgold, Sunridge, Novo Resources, Vendetta and VR Resources. She has profitably managed businesses with full P&L responsibilities and/or completed key projects ranging from $2-250MM. She has devised strategic plans at Fortune 500 companies and has led negotiations and cross-functional teams in corporate development, marketing, strategic alliances, and product portfolio management. During her time at Moxie Strategy Inc., a management consulting firm that specializes in strategy, business development, and mergers and acquisition, she has led and completed key development projects in Asia, Australia, Africa, North and South America.
Wendy has a BSc. from the University of British Columbia, an MBA in Finance and Marketing from McGill University and an ICD.D, from the Rotman School of Management, University of Toronto. She is fluent in Mandarin and Cantonese and a few other Asian languages and is conversant in East-West cultures, which has enabled her to have successfully led many cross-cultural business development projects particularly in the gold and copper mineral space as well as in other business arenas. With her experience and skills to help corporations grow and prosper, Wendy adds to the existing business strengths of the current Riverside Board and Management Team.
Riverside's President and CEO, John-Mark Staude: "We are delighted Wendy has joined the diverse Riverside Resources board and brings a passion and skill for major transactions and corporate growth which fits with Riverside's overall push to move along the discovery and mineral development pipeline with its copper, gold, silver and other assets. Wendy has been a friend of Riverside and shareholder for some time and now joining the board is a natural and powerful progression".
About Riverside Resources Inc.:
Riverside is a well-funded exploration company driven by value generation and discovery. The Company has over $4M in cash, no debt and less than 75M shares outstanding with a strong portfolio of gold-silver and copper assets and royalties in North America. Riverside has extensive experience and knowledge operating in Mexico and Canada and leverages its large database to generate a portfolio of prospective mineral properties. In addition to Riverside's own exploration spending, the Company also strives to diversify risk by securing joint-venture and spin-out partnerships to advance multiple assets simultaneously and create more chances for discovery. Riverside has properties available for option, with information available on the Company's website at www.rivres.com.
ON BEHALF OF Riverside Resources Inc.
Dr. John-Mark Staude, President & CEO
For additional information contact:
Riverside Resources Inc.
Phone: (778) 327-6671
Fax: (778) 327-6675
Riverside Resources Inc.
Phone: (778) 327-6671
TF: (877) RIV-RES1
Certain statements in this press release may be considered forward-looking information. These statements can be identified by the use of forward-looking terminology (e.g., "expect"," estimates", "intends", "anticipates", "believes", "plans"). Such information involves known and unknown risks -- including the availability of funds, the results of financing and exploration activities, the interpretation of exploration results and other geological data, or unanticipated costs and expenses and other risks identified by Riverside in its public securities filings that may cause actual events to differ materially from current expectations. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this press release.
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