Rio2 Ltd.

Rio2 Limited and its Chilean subsidiary, Fenix Gold Limitada announce that the Regional Evaluation Commission which includes 12 governmental institutions has voted for not approving the Environmental Impact Assessment (“EIA”) for its Fenix Gold project in Chile. Following this decision, the Company will work on evaluating its options and decide on an action plan. Once the action plan is completed, the Company will [...]

Rio2 Limited and its Chilean subsidiary, Fenix Gold Limitada announce, that further to Rio2’s press release disseminated on June 23, 2022, the Environmental Assessment Service has postponed the meeting of the Comisión de Evaluación Regional, where 11 governmental institutions with environmental competencies will vote to approve or disapprove the EIA for the Fenix Gold project. The meeting was originally scheduled for July [...]

Rio2 Limited through its Chilean subsidiary, Fenix Gold Limitada is currently engaged in an EIA process for its Fenix Gold Project in Chile, a process which began in April 2020. The Fenix Gold Project is an example of modern gold mining where a full complement of technical, environmental, and social considerations have been consulted on and designed in from the outset. The Project represents a significant investment in [...]

Rio2 Ltd. today announces that it has received a deposit payment of US$25,000,000 from Wheaton Precious Metals International Ltd. in connection with the previously announced precious metals purchase agreement on Rio2's Fenix Gold Project in Chile . The Gold Stream is a component of the previously announced US$125 to US$135 Million financing package to fully fund the Fenix Gold Project to production. Under the Gold Stream [...]

Rio2 Ltd. and Sixth Wave Innovations Inc. are pleased to announce the second phase test work of patented IXOS? purification polymer will begin at Rio2's Fenix Gold Project in Chile in mid-January 2022. The second phase test work at the mine site follows on from the successful completion of ore tests at Sixth Wave's Salt Lake City Utah facility in August 2021. Sixth Wave will perform adsorption tests using IXOS? beads with [...]

Rio2 Ltd. announces the closing of the sale of the Anocarire mining concessions by Fenix Gold Limitada, a wholly owned subsidiary of Rio2, to Andex Minerals Chile SpA following the successful completion of Andex's purchase option. The Anocarire mining concessions were one of the non-core assets resulting from the Company's business combination with Atacama Pacific Corporation in July 2018. The concessions are located in [...]

Rio2 Ltd. is pleased to announce that it has entered into a definitive precious metals purchase agreement with Wheaton Precious Metals International Ltd. , a wholly-owned subsidiary of Wheaton Precious Metals Corp., in relation to the Company's Fenix Gold Project in Chile. The Gold Stream is one of the components of the mine construction financing totaling approximately US$125 to US$135 million to finance the construction [...]

It is with deep sadness that Rio2 Ltd. announces the passing of one of the Company's Foundation Directors, David Thomas. Mr. Thomas passed away unexpectedly at his home in Park City, Utah on Monday, November 1, 2021. He was 77 years of age. Mr. Thomas, an internationally experienced mining engineer, was an independent non-executive Director of the Company since April 21, 2017. He was chairman of the Health, Safety [...]

Rio2 Ltd. announces the results of voting at its Annual and Special General Meeting of Shareholders held on Tuesday, September 21, 2021. A total of 108,520,448 common shares were voted, representing 54.22% of 200,135,270 shares issued and outstanding as at the record date of the meeting. Shareholders voted in favor of all items put forward by the Board of Directors and management. All seven of the individuals nominated [...]

Rio2 Ltd. wishes to remind its shareholders that its forthcoming Annual General and Special Meeting of shareholders will be held on September 21, 2021 at 11 a.m. EST. This will be a completely virtual Meeting, to be conducted via live webcast where all shareholders, regardless of geographic location, will have an equal opportunity to participate online. Shareholders will not be able to attend the Meeting in person. The [...]