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River Rock Entertainment retains advisor3 August 2007EYSERVILLE, California -- (PRESS RELEASE) -- The River Rock Entertainment Authority (the "Authority"), the operator of the River Rock Casino in Sonoma County, California, today announced that it has retained Libra Securities, LLC ("Libra"), as advisor to assist the Authority in developing a financing strategy for the construction of a $300 million, 600,000 square-foot destination resort in Alexander Valley. The resort is designed to replace the current River Rock Casino. Shawn Smyth, Chief Executive Officer of the River Rock Entertainment Authority, stated, "We believe Libra's significant financial expertise will serve us well as we work together to determine the best strategy for receiving the financing necessary for this project. We remain very excited about the planned resort and believe it will ultimately be one of the premier destinations in the area." |