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Press release from Marketwire

Raging River Exploration Inc. Announces Stock Option Grant

Thursday, May 31, 2012

Raging River Exploration Inc. Announces Stock Option Grant14:59 EDT Thursday, May 31, 2012CALGARY, ALBERTA--(Marketwire - May 31, 2012) - Raging River Exploration Inc. ("Raging River") (TSX VENTURE:RRX) is pleased to announce that it has granted 6,195,000 stock options to directors, officers, employees and consultants of Raging River at an exercise price of $1.90. The stock options have been granted pursuant to Raging River's 10% rolling stock option plan and will expire five years from the date of grant. One third of the options granted will vest on each of the first, second and third anniversaries of the date of grant. Subsequent to this stock option grant, Raging River will have a total of 6,195,000 stock options outstanding.FOR FURTHER INFORMATION PLEASE CONTACT: Neil Roszell, P.Eng.Raging River Exploration Inc.President and CEO(403) 767-1250(403) 387-2951 (FAX)ORJerry Sapieha, CARaging River Exploration Inc.Vice President, Finance and CFO(403) 767-1265(403) 387-2951 (FAX)OR710, 400-5th Ave SWRaging River Exploration Inc.Calgary, AB T2P 0L6Neither the TSX Venture Exchange nor its regulation services provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.