VANCOUVER, BRITISH COLUMBIA--(Marketwire - Oct. 7, 2009) -

NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES

Rainy River Resources Ltd. ("Rainy River") (TSX VENTURE:RR) is pleased to announce that it has entered into an agreement for an offering, on a best efforts basis and through a syndicate of agents led by Wellington West Capital Markets Inc. (the "Agent"), of 2,840,000 flow-through common shares of Rainy River ("Flow-Through Shares") at a price of $2.82 per Flow-Through Share for aggregate gross proceeds of $8,008,800 (the "Offering"). All sales of Flow-Through Shares will be made on a private placement basis pursuant to exemptions from the prospectus requirements of applicable securities laws.

Closing is anticipated to occur on or about October 28, 2009

If it does, some people know more than we do, and look at RR more positively than some of us do now.

Groeten, Paul