Riverside’s President and CEO, John-Mark Staude, stated: “Riverside is in a strong position with a focused and dedicated team, good infrastructure, communications, and no requirements for significant capital outlays for the foreseeable future. We are fortunate to have a strong cash position, a proven Exploration Funding Agreement in place with BHP and other 100% owned assets that don’t require significant underlying payments to maintain. We will continue to evaluate this rapidly evolving situation and make adjustments where necessary. We believe there will be better days ahead for junior precious metal companies and given the Company’s current financial flexibility we remain confident that we are well-positioned to create shareholder value. Finally, Riverside is deeply concerned for the staff in the countries we work in and have directed them to put themselves and their families safety first during these unprecedented times.”
Riverside is following the regulations and guidelines set forth in the countries where the Company operates and is taking all safety precautions and government recommendations very seriously.
Contact Riverside Resources:
Communications Team 778-327-6671