In February 2010, Richmond announced that it had earned a 50% undivided interest from Fort Chimo Minerals in the Grenville Project joint venture properties. These properties are located within or near the Grenville Front Tectonic Zone in southcentral Quebec. Phase II exploration work on these highly prospective projects is now underway and will be ongoing throughout 2010.


CORPORATE ESSENTIALS
Stock Exchange & Symbol: TSX-V: RMD
Share Structure as at March 25, 2010
Common shares: 77,059,239
Options: 6,866,000
Share Purchase Warrants: 16,505,000
Fully diluted: 100,430,239
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