Rio Cristal to Consolidate Shares

Rio Cristal Resources Corporation (TSX VENTURE:RCZ)(BVL:RCZ) ("Rio Cristal" or
the "Company") announces that at the annual general meeting of shareholders of
the Company to be held on September 11, 2012, an ordinary resolution will be
proposed to consolidate the Company's share capital on a one new for ten old
(1:10) basis (the "Consolidation"). 


Management of the Company believes that further equity financing is required in
order for the Company to facilitate future financings. It is management's
opinion that the Company's existing issued and outstanding share capital is not
conducive to completing such additional equity financing, and that the
Consolidation is required in order to facilitate attracting new equity
investment in the Company. 


The Company currently has 149,260,425 issued and outstanding common shares.
Pursuant to the Consolidation, each 10 pre-Consolidation common shares will be
consolidated into one (1) post-Consolidation common share. Accordingly, on
completion of the Consolidation, the Company will have approximately 14,926,042
common shares issued and outstanding. The exact number of post-Consolidation
shares will vary depending upon the treatment of fractions which will occur when
each shareholder's holdings are consolidated. Outstanding stock options and
warrants will similarly be adjusted by the Consolidation ratio. 


The Consolidation is subject to acceptance by TSX Venture Exchange, in addition
to shareholder approval.


The timing of the Consolidation will be governed by the regulatory and transfer
agent requirements. A news release will be issued when the date of the
Consolidation has been determined. The Company will not be changing its name in
conjunction with the Consolidation.


Information about Rio Cristal Resources Corporation in English and Spanish can
also be found on the Company's website, www.riocristalresources.com.

(TSXV:RCZ)
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