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RIO CRISTAL RESOURCES SHARES LISTED ON THE LIMA STOCK EXCHANGE
Vancouver, Canada and Lima, Peru – (July 5, 2010) - Rio Cristal Resources Corporation (TSXV:RCZ) (“Rio Cristal” or the "Company") is pleased to announce that its common shares have been approved for trading on the Bolsa de Valores de Lima (“BVL”). Trading of the Company’s shares in Peru will begin today under the ticker symbol “RCZ”. Kallpa Securities S.A.B. in Lima, Peru ,acted as Rio Cristal’s sponsoring broker for the listing. Charles Preble, Chairman of Rio Cristal, said “The Company’s listing in Lima is an important step for us as it will provide significant liquidity for Rio Cristal shares and a source for regional capital as we continue to grow the Company. Our projects are all located within Peru and it is important that Peruvians who know our Company and its management are able to more easily invest in Rio Cristal through this highly regarded exchange.”
Peru is among the world’s five top producers of gold, copper, silver and zinc and it has a long history of mining and local investment in mining. The Lima Bolsa is one of Latin America’s most important stock exchanges and mining companies make up a large part of both companies listed and annual trading volume. Additional information about the BVL may be found at www.bvl.com.pe or at www.bvl.com.pe/english.
About Rio Cristal Resources Corporation
Rio Cristal Resources is a Canadian corporation focused on the discovery and further development of gold, copper and zinc deposits in Peru. The Company’s most advanced exploration project is the Charlotte Bongará zinc claim block located in northern Peru. Outstanding initial drilling results confirm that the project is within an important emerging Mississippi Valley-type zinc district. The Company is also exploring its Condor gold project near Nazca, Peru. Recent assays of a 300 kilo bulk surface sample averaged 3.25 grams of gold per tonne (see news release dated March 15, 2010). Drilling is expected to begin in August pending receipt of necessary permits. In addition, the Company is evaluating the acquisition of a copper oxide property with significant potential for low-cost, leachable copper resources.
For further information please contact Lucia Ferrero or Thomas Findley at: Telephone: (778) 588-6880 Toll Free: (866) 609-9644 Fax: (604) 609-9946
Information about Rio Cristal Resources Corporation can be found on the Company’s website, www.riocristalresources.com.
This news release includes certain "forward-looking statements" under applicable Canadian securities legislation.
All statements other than statements of historical fact included in this release, including, without limitation, statements regarding potential exploration results, future plans and objectives of the Company are forward-looking statements that involve various risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future results, events and objectives could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from Rio Cristal’s expectations include exploration and other risks detailed from time to time in the filings made by the Company with securities regulators.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. This news release does not constitute an offer to sell or solicitation of an offer to sell any securities in the United States. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the “U.S. Securities Act”) or any state securities laws and may not be offered or sold within the United States or to U.S. Persons unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available. |