Rio Silver Inc. The company announces that it has granted an aggregate of 2 million incentive stock options to directors, officers and consultants of the company, exercisable at a price of five cents with the following exercise periods: one year as to 600,000 options; two years as to 400,000 options; and five years as to 1 million options, from the date of grant. The grant of these options is subject to the approval of [...]
Rio Silver Inc. is pleased to announce that it has entered into an advertising and investor awareness campaign agreement with Dig Media Inc. dba Investing News Network . INN is a private company headquartered in Vancouver, Canada, dedicated to providing independent news and education to investors since 2007. INN will introduce the Company to INN's audience of educated, active investors. Using a variety of methods [...]
Rio Silver is pleased to announce it is finalizing an access agreement with the local community for its 100% owned Jorimina project "Jormaina", Department of Ayacucho, Peru. This agreement facilitates a diamond drill program planned to commence later this year. Jormina is located within the Niñobamba Project which covers an area of 4205 hectares. The Main Niñobamba zone is located 7 kilometres to east of Jormina where a [...]
Rio Silver Inc. is pleased to announce that the Company has sold its 50% interest in the Palta Dorada Property to Peruvian Metals Corp. . The consideration for the sale is $250,000 US with the Company retaining a 3% Net Smelter Royalty . Total payments from the NSR will be capped at $2 million US while the Company is guaranteed $ 250,000 in minimum royalty payments over the next five years. An initial payment of $25,000 [...]
Rio Silver Inc. is pleased to announce that it has closed the second and final tranche of its previously announced non-brokered private placement subject to regulatory approval. In connection with the completion of the second tranche, the Company issued an aggregate of 1,588,000 units of the Company at a price of $0.05 per Unit for gross proceeds of $79,400. Each Unit consists of one common share of the Company and one [...]
Rio Silver Inc. ,) is pleased to provide an update of its activities at both the Niñobamba Au-Ag property and its 50% owned Palta Dorada Au-Ag-Cu property . The 100% owned Niñobamba project covers an area of 4300 hectares and is royalty free. The project is comprised of two mineralized areas: The Niñobamba Area and the Jorimina Zone. Two different communities control the surface rights in the project areas. The Company [...]
Rio Silver Inc. announces that the Company intends to issue up to $200,000 in convertible notes on a non-brokered private placement basis . Each Note will be convertible at the option of the holder into one common share of the Company at a conversion price of $0.05 per Share during the first year of the Notes and $0.10 during the second year of the Notes. The Notes will mature in two years from the date of issuance and [...]
Rio Silver is pleased to announce the voting results from its Annual General Meeting of Shareholders, held in Vancouver, British Columbia on August 29th, 2022. The total number of shares represented by shareholders present in person and by proxy at the meeting was 22.4 Million, 30% of Rio's issued and outstanding Common Shares. All matters put forward before shareholders for consideration and approval as set out in the [...]
Rio Silver announced that it has filed, on SEDAR, an independent Technical Report prepared in accordance with National Instrument 43101 for the Niñobamba Au-Ag Project. The 100% owned 4100 ha Niñobamba property encompasses historic exploration from 2002 by the previous operators Anglo Gold, Bear Creek and Newmont. The report highlights the newly discovered gold rich zones identified by Company Geologists in 2012 – 2013 [...]
Rio Silver Inc. announces that it will apply to the TSX Venture Exchange to amend the terms of a total of 6,400,000 outstanding share purchase warrants issued pursuant to a private placement that closed on May 12, 2020. These warrants are exercisable at a price of $0.08 per share and are currently set to expire on May 12, 2022. The proposed amendment is limited to the extension of the expiry date of the warrants without [...]
Rio Silver Inc. , announces that it has granted 2,450,000 incentive stock options to directors, officers, and consultants of the Company. The option, to purchase common shares in the capital of the Company at a price of $0.06 per common share, will be for a period of 3 years. The options have been granted under the terms of the Company's stock option plan. About Rio Silver Rio Silver Inc. is a Canadian Exploration and [...]
Rio Silver Inc. , is pleased to provide an update on its plans to commence a first phase of diamond drilling at the 100% owned flagship property, the Ni?obamba Silver-Gold Project , in south central Peru. Ni?obamba comprises seven concessions totaling 4017 hectares. The area has excellent infrastructure and is located 45 kilometres southwest of Ayacucho. The Property is accessible by several gravel roads off the main [...]