Rio2 Ltd.

Rio2 Ltd. announces today the celebration of the official start of construction of its Fenix Gold Mine located in the Maricunga Gold Belt of the Atacama Region. The event held on February 6, was attended by the Honorable Aurora Williams Baussa, Minister of Mining; Mr. Mario Silva Álvarez, Deputy Governor of Atacama; Mr. Jorge Riesco Valdivieso, President of SONAMI ; representatives of the Colla Indigenous Communities [...]

Rio2 Ltd. , is providing an update on construction activities at its Fenix Gold Mine located in the Maricunga Gold Belt of the Atacama Region, in Chile. OVERVIEW Pre-construction activities commenced at the Fenix Gold Mine in 2022 prior to the Environmental Impact Assessment for the project being rejected by the Chilean environmental regulators. Those activities included: ordering and securing of long lead items for the [...]

Rio2 Ltd. , after completing the Company's highly successful debt and equity financing announced on October 21, 2024, provides an update on the progress made by its Chilean subsidiary, Fenix Gold Limitada , which is currently constructing the Fenix Gold Mine located in the Maricunga Gold Belt of the Atacama Region, in Chile. Advancements include the commencement of hiring of our Chilean workforce, mobilization of civil [...]

Rio2 Ltd. announces today that it has closed its previously announced public offering of 97,307,710 common shares of the Company at a price of ?C$0.65 per Common Share for gross proceeds of approximately C$63 million, including the full exercise ?of the agents' option . The Public Offering was conducted pursuant to ?the terms and conditions of an agency agreement entered into between the Company and ?Raymond James Ltd [...]

Rio2 Ltd. is pleased to announce that it has priced and upsized its previously announced overnight marketed public offering of common shares of the Company from up to C$40 million to C$55 million. Overall, 84,615,400 Common Shares will be issued at a price of C$0.65 per Common Share. The Public Offering is being conducted on a best efforts agency basis pursuant to the terms and conditions of an agency agreement to be [...]

Rio2 Ltd. today announces that it has arranged a mine construction financing package expected to total approximately US$150 million for construction and general working capital of the Company's 100%-owned Fenix Gold Project in Chile . This funding package marks a significant de-risking milestone for Fenix Gold, and with all key sectorial permits for construction now in hand, Rio2 is positioned to fully execute the [...]

Rio2 Ltd. today announces that its Chilean subsidiary, Fenix Gold Limitada, has received the principal Sectorial Permits it requires to begin construction at its Fenix Gold Project located in the Maricunga Gold Belt of the Atacama Region, Chile. These Sectorial Permits are: 1) Mining Methods; 2) Process Plant; 3) Waste Dumps & Stockpiles; and 4) Closure Plan. Andrew Cox, President & CEO of Rio2, commented, "The team at [...]

Rio2 Ltd. announces today that it has changed its auditors from Grant Thornton LLP to PricewaterhouseCooper LLP . The Former Auditor resigned as the auditor of the Company effective August 8, 2024, and the board of directors of the Company appointed the Successor Auditor on August 8, 2024, until the next annual shareholder meeting of the Company. The Company's board of directors and audit committee each approved the [...]

Rio2 Ltd. announces the results of voting at its Annual and Special General Meeting of Shareholders held May 15, 2024. A total of 115,981,552 common shares were voted, representing 44.68% of 259,568,913 shares issued and outstanding as of the record date of the Meeting. Shareholders voted in favour of all items of business before the Meeting, including the election of all director nominees as follows: VOTES FOR % VOTES [...]

Rio2 Ltd. wishes to remind its shareholders that its forthcoming Annual General and Special Meeting of shareholders will be held on May 15, 2024, at 11 a.m. ET. This will be an entirely 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 timing and [...]