Rift Basin to Resume Trading

THIS NEWS RELEASE IS NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES FOR
DISSEMINATION IN THE UNITED STATES


Rift Basin Resources Corp. (TSX VENTURE:RIF) (the "Company" or "Rift Basin") is
pleased to announce, further to its news release of January 2, 2013 (the
"January News Release"), that the Company has cleared the required preliminary
documents with the TSX Venture Exchange (the "TSX-V") in connection with the
definitive farmin agreement for the Chorbane exploration permit (the
"Acquisition"); accordingly, the TSX-V has confirmed that the Company's stock
halt will be lifted. The Company expects trading to resume at market open on
Thursday (January 10, 2013).


The Acquisition is the Company's first acquisition of an oil and gas asset. The
transaction is defined as a "Fundamental Acquisition" (TSX-V Policy 5.3) and
remains subject to a number of conditions, including but not limited to final
TSX-V approval. 


ETAP, the Tunisian state-owned entity responsible for the petroleum sector and
the state's partnerships with foreign exploration and production operators, has
approved the Acquisition as detailed in our January News Release.


The Chorbane exploration permit is located onshore central Tunisia near the port
city of Sfax, and is surrounded by several producing oil and gas fields and
extensive infrastructure. London-based Gulfsands Petroleum plc (AIM:GPX)
("Gulfsands"), the Company's strategic partner (as announced in the Company's
news release of November 16, 2012), is increasing its own participating interest
in the permit, subject to various regulatory approvals, to ultimately hold a 70%
participating interest and be the Operator.


Commenting on this announcement, Wayne Koshman, Rift Basin's CEO, said "We are
pleased to be acquiring an interest in this Tunisian permit with our strategic
partner as the proposed operator. Our alliance with Gulfsands will facilitate
the pursuit and acquisition of additional oil and gas projects in Tunisia and
elsewhere in the Middle East and North Africa. We are planning for a significant
increase in corporate activity during 2013."


For further details on the Acquisition please see the Company's news release
dated December 21, 2012 (the "December News Release", a copy of which is
available, along with the Resource Report on the Acquisition, under the
Company's SEDAR profile at www.sedar.com). There can be no assurance that the
Acquisition will be completed as proposed or at all.


In the December News Release the Company also announced a private placement (the
"Offering") for gross proceeds of up to $1,100,000. The Company is proceeding
with the Offering and expects to close the same following resumption of trading
and receipt of final documentation.


About Rift Basin

The Company is listed on the TSX Venture Exchange under the symbol "RIF". The
Company is currently listed as a Tier 2 mining issuer and is seeking to become
an oil and gas issuer. Additional information about Rift Basin is available
under Rift Basin's SEDAR profile at www.sedar.com.


ON BEHALF OF RIFT BASIN RESOURCES CORP.

Wayne Koshman, Chief Executive Officer

Some of the statements contained in this press release are forward-looking
statements and information within the meaning of applicable securities laws.
Forward-looking statements and information can be identified by the use of words
such as "expects", "intends", "is expected", "potential", "suggests" or
variations of such words or phrases, or statements that certain actions, events
or results "may", "could", "should", "would", "might" or "will" be taken, occur
or be achieved. Forward-looking statements and information are not historical
facts and are subject to a number of risks and uncertainties beyond the
Company's control. Actual results and developments are likely to differ, and may
differ materially, from those expressed or implied by the forward-looking
statements contained in this news release. Accordingly, readers should not place
undue reliance on forward-looking statements. The Company undertakes no
obligation to update publicly or otherwise revise any forward-looking
statements, except as may be required by law.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Rift Basin Resources Corp.
Wayne Koshman
Chief Executive Officer
(604) 608-1999
www.riftbasinresources.com
Rift Basin Resources Corp (TSXV:RIF)
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