News & Events

Exchange Bulletin

Raging River Exploration Inc To Trade On The TSX Venture Exchange

March 13, 2012

RAGING RIVER EXPLORATION INC. ("RRX")("RRX.WT")
BULLETIN TYPE: New Listing-Shares and Warrants, Private
Placement-Non-Brokered, Halt
BULLETIN DATE: March 13, 2012
TSX Venture Tier 1 Company

New Listing-Shares and Warrants, Halt

Effective at the opening, Wednesday, March 14, 2012, the Shares and Warrants of the Company will be listed on TSX Venture Exchange. The Company is classified as an 'Oil and Gas' company. Trading in the shares and warrants will be immediately halted pending closing of the transaction and receipt of final documentation.

Pursuant to a Plan of Arrangement involving Crescent Point Energy Corp. (a TSX issuer), Wild Stream Exploration Inc. (an Exchange issuer), and the Company (a wholly–owned subsidiary of Wild Stream), Crescent Point will acquire all of the issued and outstanding shares of Wild Stream for 0.17 of a Crescent Point share for each Wild Stream share held.

Pursuant to the Arrangement, Wild Stream will transfer its spin-off assets to the Company and Wild Stream shareholders will receive 68,410,313 common shares and 14,442,324 warrants of the Company (the "Arrangement Warrants"), based upon 1 Company share and 0.2 of an Arrangement Warrant per each Wild Stream share held. Each Arrangement Warrant is issuable into one common share at a price of $1.61 until April 16, 2012. These Arrangement Warrants will be listed until
April 16, 2012.

Pursuant to the Arrangement, Crescent Point may receive up to 2,650,000 shares of the Company at a deemed price of $1.61 per Company share.

In addition, 3,801,278 "in the money" dilutive options and warrants held by Wild Stream shareholders will be exercised prior to closing of the Arrangement.

The shares of Wild Stream will be halted at the close of business on Wednesday, March 14, 2012. Upon closing of the Arrangement and related transactions, the shares of Wild Stream will be delisted.

Private Placement-Non-Brokered

Concurrent with the closing of the Arrangement, the Company completed a
Non-Brokered Private Placement announced January 25, 2012:

Number of Shares: 14,375,000 common shares

Purchase Price: $1.61 per common share

Warrants: 14,375,000 share purchase warrants to purchase 14,375,000 common shares

Warrant Exercise Price: $2.00 for a one year period

$2.00 in the second year

$2.00 in the third year

Number of Placees: 47 placees

Insider / Pro Group Participation:

Name Insider=Y /
ProGroup=P /
# of Shares
Neil Roszell Y3,139,000
Bruce Robertson Y2,500,000
Dave Burton Y1,800,000
Jerry Sapieha Y1,250,000
Jason Jaskela Y1,250,000
George Fink Y310,000
Raymond Mack Y310,000
Kevin Olson Y310,000
Bruce Beynon Y310,000
Gary Bugeaud Y250,000
David Pearce Y160,000

Corporate Jurisdiction: Alberta

Capitalization: Unlimited common shares with no par value of which
89,236,621 common shares are issued and outstanding

Escrowed Shares: 14,375,000 common shares

Transfer Agent: Olympia Trust Company

Trading Symbol: RRX

CUSIP Number: 750649 10 5

Capitalization on Warrants: 14,442,324 Warrants issued

One (1) warrant to purchase one (1) share at $1.61 per share to Monday, April 16, 2012.

Warrant Trading Symbol: RRX.WT
Warrant CUSIP Number: 750649 11 3

For further information, please refer to Wild Stream's Information Circular dated February 14, 2012 which is filed on SEDAR.

Company Contact: Jerry Sapieha
Vice President, Finance and Chief Financial Officer

Company Address: 710, 400 – 5th Avenue SW
Calgary, AB T2P 0L6

Company Phone Number: (403) 767-1265

Company Fax Number: (403) 232-8083

Company Email Address: jsapieha@wildsr.com