Rio Cristal Provides Update on Share Consolidation

Rio Cristal Resources Corporation (TSX VENTURE:RCZ) (BVL:RCZ) ("Rio Cristal" or
the "Company") announces that, effective July 31, 2013 at market open of the TSX
Venture Exchange, the Company will consolidate its share capital on a one new
for ten old (1:10) basis (the "Consolidation"). The previously-announced
Consolidation was approved by the Company's shareholders at the Company's last
shareholders' meeting. 


Thomas Findley, the Company's President and CEO said "the Consolidation of Rio
Cristal's shares is intended to give the Company flexibility once the market for
junior exploration companies improves. The Company plans to maintain its listing
on each of the TSX Venture Exchange and the Bolsa de Valores de Lima (Lima Stock
Exchange) in anticipation of seeking future opportunities for the Company." 


Registered shareholders of the Company will be receiving a letter of transmittal
from the Company's transfer agent, Computershare Trust Company of Canada, as
soon as practicable after the effective date of the Consolidation. The letter of
transmittal will enable registered shareholders to exchange their old share
certificates representing pre-Consolidation common shares for new share
certificates representing the post-Consolidation common shares. 


Until surrendered, each share certificate representing pre-Consolidation common
shares will be deemed for all purposes to represent the number of whole
post-Consolidation common shares to which the holder is entitled as a result of
the Consolidation. 


The Company currently has 172,591,630 issued and outstanding common shares.
Pursuant to the Consolidation, each ten (10) pre-Consolidation common shares
will be consolidated into one (1) post-Consolidation common share. Accordingly,
on completion of the Consolidation on the effective date of July 31, 2013, the
Company will have approximately 17,259,163 common shares issued and outstanding.
 


The trading symbol will not change as a result of the Consolidation, and will
remain "RCZ" on each of TSX Venture Exchange and the Lima Stock Exchange. 


For investor relations information, please contact the Company via email at
investor@riocristalresources.com. Information about Rio Cristal Resources
Corporation in English and Spanish can also be found on the Company's website,
www.riocristalresources.com.


Neither 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.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Rio Cristal Resources Corporation
investor@riocristalresources.com
www.riocristalresources.com

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