Rio2 Ltd.

Rio2 Ltd. has obtained a receipt for its final short form prospectus dated August 4, 2021 filed in connection with previously announced underwritten public offering of common shares of the Company . Scotiabank, CIBC Capital Markets and Raymond James , as joint bookrunners and co-lead underwriters, along with Cantor Fitzgerald Canada Corporation, Sprott Capital Partners LP, and Cormark Securities Inc. are the underwriters [...]

Rio2 Ltd. is pleased to announce the pricing of its previously announced marketed public offering of common shares of the Company at a price of $0.65 per Common Share. Additionally, the Company's previously announced non-brokered private placement of Common Shares to Wheaton Precious Metals Corp. will also be conducted at a price of $0.65 per Common Share . RIO2 EQUITY OFFERING Scotiabank, CIBC Capital Markets and Raymond [...]

Rio2 Ltd. is pleased to announce that it has arranged mine construction financing totaling approximately US$125 to US$135 million to finance the construction of a mine at its 100%-owned Fenix Gold Project in Chile . The Mine Financing Package is comprised of the following components: Non-binding term sheet with Wheaton Precious Metals International Ltd. for a US$50 million Gold Purchase Agreement . BNP Paribas appointed [...]

Rio2 Ltd. announces positive results obtained from the Run-of-Mine heap leaching trial for its Fenix Gold Project in Chile. The ROM heap leaching trial was conducted by personnel of Fenix Gold Limitada, the Chilean subsidiary of Rio2 Ltd., and overseen by HLC Ingenier?a y Construcci?n, Rio2's independent metallurgical consultants who were awarded the process plant / site infrastructure construction contract for the Fenix [...]

Rio2 Ltd. today provides an update regarding its progress related to its Fenix Gold Project in Chile. Preparations are underway for the purchase of lead order items and equipment for the fabrication of the 20,000 tonnes per day Adsorption/Desorption processing plant which will be fabricated off-site and ultimately transported to the Fenix Gold Mine site for assembly once the project's construction permit is issued [...]

Rio2 Ltd. today announces that it has granted a total of 400,000 restricted share units to certain executive officers of the Company. The equity incentive awards have been granted pursuant to the Company's Share Incentive Plan and are subject to vesting provisions. ABOUT RIO2 LIMITED Rio2 is a mining company with a focus on development and mining operations with a team that has proven technical skills as well as a [...]

Rio2 Ltd. today announces that it has achieved another milestone towards the development of its Fenix Gold Project located in Chile by being granted provisional easement rights to surface lands owned by the Government. The easement rights cover 843 hectares of land that are required for the construction and operation of the Fenix Gold Mine as defined in the Pre-Feasibility Study . This constitutes an important milestone [...]

Alex Black, President & CEO, Rio2 Ltd. , shares his company's story in an interview with TMX Group. The C-Suite at The Open video interview series highlights the unique perspectives of listed companies on Toronto Stock Exchange and TSX Venture Exchange. Videos provide insight into how company executives think in the current business environment. To see the latest C-Suite at The Open videos visit [...]

Rio2 Ltd. today announces that it has taken another key step towards the development of its Fenix Gold Project located in Chile by engaging Scotiabank to act as the Company’s financial advisor in evaluating financing options to fund the development of the Fenix Gold Project. In preparation for construction, Rio2 is currently completing detailed engineering for the project based on a Pre-Feasibility Study completed by the [...]

Rio2 Ltd. today announces that it has initiated a new Chile-wide exploration strategy. This effort is to expand the Company’s footprint in Chile in addition to the current development of its Fenix Gold Project, located in the Maricunga Gold Belt, Atacama Region, Chile. Rio2’s new exploration strategy is to explore for precious metals deposits that have the potential to develop into economic mining operations. This new [...]