Riverside Resources Executes Option Agreement for the Revel Carbonatite Rare Earth Element Project, British Columbia

VANCOUVER, British Columbia, Aug. 24, 2026 (GLOBE NEWSWIRE) -- Riverside Resources Inc. (“Riverside” or the “Company”) (TSXV:RRI.VN) (OTC-BB:RVSDF) (FSE:5YY0), is pleased to announce that it has entered into an option agreement (the “Option Agreement”) with 1575540 B.C. Ltd., a private British Columbia company (the “Optionee”), pursuant to which the Optionee may acquire a 100% interest in Riverside’s Revel carbonatite rare earth element (REE) project located approximately 20 kilometres from the community of Seymour Arm, north of Revelstoke, in southeastern British Columbia (the “Revel Project” or the “Project”) with Riverside retaining a 3% NSR if the option is completed and if not the project returns 100% to Riverside.