Rio Verde announced today that its Board of Directors has adopted a shareholder rights plan, subject to all necessary regulatory approvals and shareholder reconfirmation. The Rights Plan has been adopted to ensure the fair treatment of all Rio Verde shareholders with respect to any take-over bid for the outstanding shares of the Company. The Rights [...]
Rio Verde is pleased to announce that it has received a trial mining permit, known as Guia de Utilização, from the Brazilian National Department of Mineral Production which allows the commencement of mining activities at its Fosfatar Phosphate Project, located in the state of Pará. The GU was awarded on March 29, 2012 and is renewable for a period [...]
Rio Verde is pleased to report that its 2011 Annual Report, including Audited Consolidated Financial Statements and related Management Discussion and Analysis for the twelve months ended December 31, 2011, have been filed on SEDAR. A copy of the company's 2011 Annual Information Form has also been filed on SEDAR.
Rio Verde is pleased to announce the second set of assay results from its first drill hole at the Sergipe Potash Project, located in the Sergipe Basin in northeastern Brazil. The assays refer to the carnallitite-bearing zones intercepted at the SED-001-11 drill hole at the Sergi Target, which was completed in November 2011. Samples from the drill [...]
Rio Verde is pleased to announce the completion of a Preliminary Economic Assessment for its Fosfatar Phosphate Project, located in Pará State, Brazil. The PEA refers specifically to the Sapucaia Target, one of three phosphate targets located within the Project's land package. The PEA was prepared by Coffey Mining, an international consultant with [...]
Rio Verde is pleased to announce the results of agronomic tests performed on Thermophosphate produced at its Sapucaia Target at the Fosfatar Phosphate Project, located in Pará State, Brazil. The results of these tests show Fosfatar's Thermophosphate performing favorably in comparison to its competitors. In 2003, Fosfatar Mineração nitiated a study [...]
Rio Verde is pleased to announce the first set of assay results from its first drill hole at the Sergipe Potash Project, located in the Sergipe Basin in northeastern Brazil. The assays refer to the sylvinite-bearing zones intercepted at the SED-001-11 drill hole at the Sergi Target, which was completed in November 2011. Samples from the drill core [...]