Rio2 Ltd.

Rio2 Ltd. announces that it has closed the bought deal financing initially announced on July 23, 2019 . The Company issued 62,500,000 units of the Company at a price of $0.40 per Unit for aggregate gross proceeds of $25,000,000 . Each Unit consists of one common share of the Company and one-half of one common share purchase warrant . Each Warrant entitles the holder to acquire one Common Share at an exercise price of [...]

Rio2 Limited  is pleased to announce that in connection with its previously announced bought deal private placement financing, the Company and Cormark Securities Inc. have agreed to increase the size of the previously announced financing. The Company will now issue 55,000,000 units of the Company at a price of $0.40 per Unit on a "bought deal" private placement basis, for aggregate gross proceeds to the Company of [...]

 Rio2 Limited  announces that it has entered into an agreement with Cormark Securities Inc. , pursuant to which Cormark shall purchase 43,750,000 units of the Company at a price of $0.40 per Unit, on a "bought deal" private placement basis, for aggregate gross proceeds to the Company of approximately $17.5 million . Each Unit will consist of one common share of the Company and one-half of one Common Share Purchase Warrant [...]

Rio2 Ltd. announces that the results of the updated prefeasibility study, for its 100% owned Fenix Gold Project located in the Atacama Region, Chile, have been delayed slightly and are now expected to be released as soon as possible during the month of August. The updated PFS is being completed by a highly skilled and experienced group of engineering consultants that are based in Lima, Peru, in close cooperation with [...]

Rio2 Ltd. announces the results of voting at its Annual and Special General Meeting of Shareholders held Tuesday, May 28, 2019. A total of 49,229,337 common shares were voted, representing 41.64% of 118,239,464 shares issued and outstanding as at the record date of the meeting. Shareholders voted in favour of all items put forward by the Board of Directors and management. All seven of the individuals nominated for the [...]

Rio2 Limited today provides a project update for its Fenix Gold Project located in the Maricunga region, Chile. Rio2 continues to advance the Fenix Gold Project to production and has completed a number of activities as planned. Rio2 has now decided to complete an update to the Pre-feasibility Study, which was undertaken by previous owners, Atacama Pacific Gold Corp.. This will illustrate how Rio2 intends to develop the [...]

Rio2 Limited is pleased to announce additional drilling results from 28 reverse circulation drill holes and 6 surface trenches at its Fenix Gold Project located in the Maricunga region, Chile. The drilling described in this press release represents the final 4,830 meters drilled of a 7,066 meter drilling program that commenced in late November 2018, which focused on the US$ 728 pit shell defined in “NI 43-101 [...]

Rio2 Limited is pleased to announce that Rio2 begins trading today on the OTCQX® Best Market under the ticker “RIOFF”. U.S. Investors can find current financial disclosure and Real-Time Level 2 quotes for the company on www.otcmarkets.com. Alex Black, President and CEO of Rio2 stated: “This is an important milestone for Rio2 as it enables a broader range of U.S. investors to participate in our [...]

Rio2 Limited is pleased to announce that it has closed the second and final tranche of its non-brokered private placement previously announced on February 14, 2019 . Together with the first tranche closing, the Company issued 15,217,391 Units for an aggregate gross proceeds of $7,000,000. Pursuant to the closing of this tranche, the Company issued 2,593,866 units at $0.46 per Unit for a total gross proceeds of $1,193,178 [...]

Rio2 Limited is pleased to announce that it has closed the first tranche of its non-brokered private placement announced on February 14, 2019 . The Company issued 12,623,525 units at $0.46 per Unit for a total gross proceeds of $5,806,821. Each Unit consists of one common share of Rio2 and one whole Common Share purchase warrant . Each Warrant will entitle the holder thereof to acquire one additional Common Shares at a [...]