Ridgemont Iron Ore Corp. (TSX VENTURE:RDG)(OTCQX:RIOOF)(PINK SHEETS:RIOOF)
("Ridgemont") is pleased to announce that it has today commenced trading on the
OTC Market's prestigious tier, OTCQX International, under the symbol of RIOOF.
Investors can find current financial disclosure and Real-Time Level 2 quotes for
Ridgemont on www.otcqx.com and www.otcmarkets.com.


About OTCQX 

The OTCQX Marketplace is the premier tier of the U.S. OTC market.
Investor-focused companies use the quality-controlled OTCQX platform to offer
investors transparent trading, superior information, and easy access through
their regulated U.S. broker-dealers. The innovative OTCQX platform offers
companies and their shareholders a level of marketplace services formerly
available only on a U.S. stock exchange. Several large international companies
are quoted on the OTCQX including Adidas, Air France, Gazprom Neft, Repsol and
Deutsche Telekom. For more information and to view a full list of OTCQX
companies, visit www.otcqx.com. 


About OTC Markets Group Inc. 

OTC Markets Group Inc. (http://www.otcmarkets.com/stock/128054/quote)
(OTCQX:OTCM) operates the world's largest electronic marketplace for
broker-dealers to trade unlisted stocks. Their OTC Link(TM) platform supports an
open network of competing broker-dealers that provide investors with the best
prices in over 10,000 OTC securities. They categorize the wide spectrum of
OTC-traded companies into three tiers - OTCQX (the quality-controlled
marketplace for investor friendly companies), OTCQB(R) (the U.S. reporting
company marketplace for development stage companies), and OTC Pink(TM) (the
speculative trading marketplace) - so investors can identify the level and
quality of information companies provide. To learn more about how OTC Markets
Group makes the unlisted markets more transparent, informed, and efficient,
visit www.otcmarkets.com.


About Ridgemont 

Ridgemont is an exploration and development company in Canada and has an option
to acquire up to 75% interest in the Redford iron ore property, comprised of 26
claims covering 10,821 hectares and located 22 kilometres northeast of Ucluelet,
in the Alberni Mining Division, Vancouver Island, British Columbia.


Further details about Ridgemont can be found at: www.ridgemontiron.com.

RIDGEMONT IRON ORE CORP. 

On behalf of the Board

Mark J. Morabito, President & CEO

Cautionary Note Regarding Forward-Looking Information
Information set forth in this news release may involve forward-looking
statements under applicable securities laws. Forward-looking statements are
statements that relate to future, not past, events. In this context,
forward-looking statements often address expected future business and financial
performance, and often contain words such as "anticipate", "believe", "plan",
"estimate", "expect", and "intend", statements that an action or event "may",
"might", "could", "should", or "will" be taken or occur, or other similar
expressions. All statements, other than statements of historical fact, included
herein including, without limitation; statements about the exploration of the
Redford Property are forward-looking statements. By their nature,
forward-looking statements involve known and unknown risks, uncertainties and
other factors which may cause our actual results, performance or achievements,
or other future events, to be materially different from any future results,
performance or achievements expressed or implied by such forward-looking
statements. Such factors include, among others, the following risks: the need
for additional financing; operational risks associated with mineral exploration;
fluctuations in commodity prices; title matters; environmental liability claims
and insurance; reliance on key personnel; the potential for conflicts of
interest among certain officers, directors or promoters with certain other
projects; the absence of dividends; competition; dilution; the volatility of our
common share price and volume and the additional risks identified the management
discussion and analysis section of our interim and most recent annual financial
statement or other reports and filings with the TSX Venture Exchange and
applicable Canadian securities regulations. Forward-looking statements are made
based on management's beliefs, estimates and opinions on the date that
statements are made and Ridgemont undertakes no obligation to update
forward-looking statements if these beliefs, estimates and opinions or other
circumstances should change, except as required by applicable securities laws.
Investors are cautioned against attributing undue certainty to forward-looking
statements.
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