Richland Resources : Purchase of 300,000 shares by director

90c7a9d7-19a7-45f4-80b4-823824a9772e.pdf

15 December 2015

Richland Resources Ltd ("Richland" or "the Company") (AIM: RLD)

Purchase of 300,000 shares by director

Richland Resources Ltd, the gemstone producer and developer, has been notified on 14th December 2015 that, Stockland Group Limited a company in which the family of Nicholas Sibley, a non-executive Director, has an interest purchased 100,000 common shares in the Company at 3 pence per share on 4th December 2015 and 200,000 common shares in the Company at 3 pence per share on 9th December 2015. Prior to these purchases Mr. Sibley was interested in 13,901,788 common shares and he is now interested in 14,201,788 common shares, representing 6.5% of the Company's issued share capital.

END

For more information please contact:

Bernard Olivier

Chief Executive Officer

[phone]

Edward Nealon Chairman

[phone]

Mike Allardice

Group Company secretary

[phone]

Laurence Read

Corporate Development and Communications Officer

[phone]

Nominated Advisor (AIM) RFC Ambrian Limited Samantha Harrison

[phone]

Broker (AIM) Shore Capital

Jerry Keen (corporate broking) Toby Gibbs / Mark Percy (corporate finance)

[phone]

Notes to the Editor:

Further information is available on the Company's website: www.richlandresourcesltd.com. Neither the contents of the Company's website nor the contents of any website accessible from hyperlinks on the Company's website (or any other website) is incorporated into, or forms part of, this announcement.

Richland Resources Ltd: Clarendon House, 2 Church Street, Hamilton HM 11, Bermuda. Registration No: EC33385 Website: www.richlandresourcesltd.com Online Gemstone Sales: www.richlandgemstones.com