Issue of Equity

North River Resources plc / Ticker: NRRP / Index: AIM / Sector: Mining

2 March 2010

North River Resources plc ('North River' or 'the Company')

Issue of Equity

North River Resources plc, the AIM listed southern African multi-commodity resource company, announces that it has issued 2,200,000 ordinary shares of 0.2 pence in North River ('Ordinary Shares') in satisfaction of residual obligations related to its acquisition of West African Gold Exploration (Namibia) (Proprietary) Limited from Kalahari Minerals plc in November 2009.

Application has been made for these shares to be admitted to trading on AIM on 3 March 2010. Following admission North River's total issued and voting share capital will comprise of 596,200,000 ordinary shares of 0.2p.

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Notes:

North River Resources Plc is an AIM listed emerging southern African focussed multi commodity resource development company. Its current portfolio includes gold and base metal assets in Namibia; uranium, copper and gold assets in Mozambique; and a historic early stage exploration project in Australia. North River's strategy is to identify, acquire and develop a portfolio of resource opportunities in sub-Saharan Africa at various stages of development in order to create value for its shareholders. The company has a highly experienced board and management of industry and corporate professionals, led by David Steinepreis and Luke Bryan.