The Joint Review Panel for the Grassy Mountain Coal Project announces today the start of a comment period on the Environmental Impact Assessment (EIA) and the Addenda submitted by Benga Mining Limited related to the environmental assessment of the project.

For more information on the Grassy Mountain Coal Project, please visit the Canadian Environmental Assessment Registry (the Registry), reference number 80101. Participants are encouraged to check the Registry regularly to view documents related to environmental assessment of the Project by the Joint Review Panel. In accordance with the Canadian Environmental Assessment Act, 2012, comments received and other documents submitted or generated to inform the environmental assessment are part of the project file and will be posted on the Registry, unless they are excluded due to confidentiality, security or other reasons.

Riversdale Resources Limited (Riversdale) is pleased to announce it has completed a share placement to Hancock Corporation Pty Ltd, a subsidiary of Hancock Prospecting Pty Ltd, (Hancock) pursuant to which Hancock will become a 19.99% shareholder in Riversdale.

Riversdale Resources Limited (Riversdale) is pleased to announce that Catherine McKenna, Federal Minister of Environment and Climate Change and Jim Ellis, President and Chief Executive Officer of the Alberta Energy Regulator (AER), have on 16 August 2018 established a three-member Joint Review Panel (JRP) to review the Grassy Mountain Steelmaking Coal Project. This is another important milestone in the Grassy Mountain permitting process.