Rio2 Ltd. is pleased to announce the successful acquisition of a 99.1% interest in the Condestable mine located in Peru. Rio2 acquired the Condestable Mine from Southern Peaks Mining L.P. . Alex Black, Executive Chairman of Rio2, stated: "The acquisition of the Condestable Mine is the result of six months of rigorous due diligence and negotiations with Southern Peaks. Rio2 sees the Acquisition as a positive step for the [...]
Rio2 Ltd. announces that the first official gold pour at Rio2's 100% owned Fenix Gold Mine in Chile occurred on Friday, January 23, 2026. Construction of critical path items at Fenix Gold has been completed on time and on budget, as previously guided. This gold pour yielded approximately 897 ounces of gold which are in addition to approximately 358 ounces of gold that were produced in December as part of the plant [...]
Rio2 Ltd. is pleased to announce the closing of its previously announced brokered private placement . A total of 6,306,300 common shares of the Company were sold to investors resident in Peru and Chile at a price per Share of C$2.22 for aggregate gross proceeds to the Company of C$14 million KALLPA Securities Sociedad Agente de Bolsa S.A. acted as the Company's agent for the Private Placement. ? The Company plans to use [...]
Rio2 Ltd. is pleased to announce the closing of its previously announced and upsized bought deal financing of 86,094,750 subscription receipts of the Company , at a price per Subscription Receipt of C$2.22, for aggregate gross proceeds to the company of C$191,130,345, or approximately US$138 million, which included the full exercise of the Over-Allotment Option. The net proceeds of the Equity Financing will be used to [...]
Rio2 Ltd. today announced that it has filed a prospectus supplement dated December 10, 2025 , to its short form base shelf prospectus dated October 16, 2024, as amended pursuant to amendment no. 1 to such short form base shelf prospectus dated December 3, 2025 . The Prospectus Supplement was filed with the securities regulatory authorities in each of the provinces and territories of Canada, except Quebec, to qualify the [...]
Rio2 Ltd. is pleased to announce that due to strong investor demand, the Company, Raymond James Ltd., , Stifel Nicolaus Canada Inc. , and BMO Nesbitt Burns Inc. , the co-lead underwriters and joint bookrunners have upsized the previously announced "bought deal" financing from C$140 million to approximately C$166 million, or approximately US$120 million . Under the Equity Financing, the Underwriters have agreed to [...]
Positions Rio2 as a Diversified Latin American Gold Miner with Copper Exposure Concurrent C$140 Million Bought Deal Equity Financing to Support the Acquisition British Columbia, Dec. 08, 2025 -- Rio2 Ltd. today announced that it has entered into a definitive agreement with Southern Peaks Mining L.P. to acquire its 99.1% interest in the Condestable mine located in Peru . Southern Peaks is a private business that is owned [...]
Rio2 Ltd. announces that, it has participated in the Royal Road Minerals Ltd. Non-brokered Private Placement which closed on November 27, 2025 with the purchase of 4,166,667 ordinary shares of Royal Road at the price of $0.18 per share . Pursuant to the Investor Rights Agreement announced on September 29, 2025, Rio2 has the right to participate in equity financings by Royal Road to maintain its pro rata ownership in Royal [...]
Rio2 Ltd. announces that, further to its news releases dated November 16, 2021, March 29, 2022, October 21, 2024, March 24, 2025, and July 25, 2025, it has received a fourth and final deposit payment of US$50,000,000 from Wheaton Precious Metals International Ltd. in connection with the previously announced amended and restated precious metals purchase agreement and flexible pre-pay arrangement relating to Rio2's Fenix [...]
Rio2 Ltd. today provides an update on progress made at Rio2's 100% owned Fenix Gold Project currently under construction in the Atacama Region, Chile. At the end of Q3 2025, construction was 63% complete and remains on track and on budget for first gold production in January 2026. Construction highlights for the eleven-month period from November 1, 2024, to 30 September 2025, are as follows, with all amounts expressed in [...]
Royal Road Minerals Ltd. and Rio2 Ltd. are pleased to jointly announce that Rio2 has acquired 39,855,000 ordinary shares of Royal Road representing approximately 15.0% of Royal Road's issued and outstanding Shares and has become an "insider" of the Company under applicable securities laws and the policies of the TSX Venture Exchange . The acquisition formed part of a block trade on the TSX Venture Exchange, transferring [...]
Rio2 Ltd. announces today that following comprehensive and exhaustive due diligence and negotiations, Rio2's Chilean subsidiary, Fenix Gold Limitada , has signed two separate memorandum of understandings with two companies that have desalinated water distribution facilities located in the Copiapo area, to undertake studies for the potential supply of desalinated water to the Fenix Gold Mine located in the Atacama Region [...]
