Replies to post #3 on True Gold Mining Inc. (fka RVREF)

[Tommy]

$RVREF - Blue Gold Obtains Interim Court Order for Combination With Riverstone Resources Inc.

http://www.riverstoneresources.com/s/NewsReleases.asp?ReportID=556861&_Type=News-Releases&_Title=Blue-Gold-Obtains-Interim-Court-Order-for-Combination-With-Riverstone-Resou...

... "f the special resolution approving the Arrangement is approved by the requisite vote of Blue Gold Shareholders and all other conditions to the Arrangement are satisfied or waived, Riverstone will acquire all of the outstanding common shares of Blue Gold. Under the Arrangement, each Blue Gold Shareholder will be entitled to receive 0.801 of a common share of Riverstone ("Riverstone Shares") for each Blue Gold common share ("Blue Gold Share") held. Any outstanding options and warrants of Blue Gold will be adjusted so that, upon exercise subsequent to completion of the transaction, for each Blue Gold Share that would previously have been issued, the optionholder or warrantholder will receive 0.801 of a Riverstone Share.

To become effective the Arrangement will require approval of Blue Gold Shareholders holding at least 66 2/3% of the Blue Gold Shares, voting in person or by proxy. The Arrangement is also subject to the final approval of the TSX-V. The board of directors of Blue Gold unanimously recommends that Blue Gold Shareholders vote FOR the special resolution approving the Arrangement.

The Arrangement is expected to close around mid December 2012, shortly after receipt of the Blue Gold Shareholder and court approvals, at which time it is expected that the Blue Gold Shares will be de-listed from the TSX-V. See Riverstone's and Blue Gold's joint press released dated October 18, 2012." ...