October 17, 2012

Ravencrest Resources (the “Company” or “Ravencrest”) has announced the completion of the Arrangement Agreement with River Wild Exploration Inc.

In accordance with the Arrangement, Ravencrest shareholders will receive one common share of River Wild for each two common shares which they currently hold in Ravencrest. Shareholders will be defined as those holders of Ravencrest common shares as of the Record Date of October 1, 2012.

Company: Ravencrest Resources Inc.
Symbol: RVT
Distribution Date and Record Date: Monday, October 1, 2012
Ex-Distribution Date: Wednesday, September 26, 2012

If you have any questions or require further information please contact Radhika Ramkarran at (416) 572-2000 X 2435 or E-mail: Radhika@cnsx.ca