Rio2 Ltd. reports that its wholly owned Chilean subsidiary, Fenix Gold Limitada, has been successful in being granted approval of its Environmental Impact Assessment for the construction and operation of its Fenix Gold Project located in the Atacama region of Chile. Rio2 welcomes the decision in Chile by the Committee of Ministers to approve the [...]
Rio2 Ltd. today announces that Chilean authorities have confirmed that the Committee of Ministers will announce their decision on the administrative appeal, previously filed by its subsidiary Fenix Gold Limitada, for the approval of the Fenix Gold EIA at a committee meeting scheduled for December 20, 2023. ABOUT RIO2 LIMITED Rio2 is a mining [...]
Rio2 Ltd. today announces that it has filed an independent technical report dated October 16, 2023, entitled "NI 43-101 Technical Report on the Feasibility Study for the Fenix Gold Project" pursuant to National Instrument 43-101 Standards of Disclosure for Mineral Projects . The Technical Report has an effective date of October 16, 2023, and [...]
Rio2 Ltd. reports that, in accordance with the shares for service agreements announced January 25, 2023 and March 27, 2023 , it has agreed to issue 479,198 common shares at a deemed price of $0.21 per share to Directors and Officers of the Company. Under the Shares for Services Agreements, the deemed price per common share to be issued will be no [...]
Rio2 Ltd. announces the results of voting at its Annual and Special General Meeting of Shareholders held on Wednesday, September 27, 2023. A total of 119,076,933 common shares were voted, representing 46.02% of 258,753,108 shares issued and outstanding as of the record date of the meeting. Shareholders voted in favor of all items put forward by the [...]
Rio2 Ltd. today announces the Feasibility Study for its 100% owned Fenix Gold Project located in the Maricunga Mineral Belt of the Atacama Region, Chile. The FS, authored by international mining consultants Mining Plus, includes updated Mineral Resource and Mineral Reserve estimates , a run of mine heap leach operational plan, and updated capital [...]
Rio2 Ltd. reports that, in accordance with the shares for service agreements announced January 25, 2023 and March 27, 2023 , it has agreed to issue 372,974 common shares at a deemed price of $0.27 per share to Directors and Officers of the Company. Under the Shares for Services Agreements, the deemed price per common share to be issued will be no [...]
Rio2 Ltd. today announces that the Chilean Internal Revenue Service has issued Fenix Gold Limitada, Rio2's wholly owned subsidiary in Chile, an IVA/VAT refund in the amount of CLP$4,073,551,385 . In Chile, an IVA/VAT refund is usually not received until after a mining company achieves commercial production. However, Fenix Gold Limitada applied for [...]
Rio2 Ltd. reports that, in accordance with the shares for service agreements announced January 25, 2023 and March 27, 2023 , it has agreed to issue 736,151 common shares at a deemed price of $0.15 per share to Directors and Officers of the Company. Under the Shares for Services Agreements, the deemed price per common share to be issued will be no [...]
Rio2 Ltd. announces that the disinterested shareholders of the Company have approved the security based compensation to non-arms' length parties previously announced on January 5, 2023 at the Company's special meeting of shareholders held earlier today . Further disclosure on the matters approved at the Meeting can be found in the Management [...]
Rio2 Ltd. is providing an outline of its plans to complete the financing for the construction of the Fenix Gold Project in Chile. The plan includes appointing an independent financial advisor, completing a Feasibility Study on the development of the Fenix Gold Project, reviewing and restructuring the precious metals purchase agreement with Wheaton [...]
Rio2 Ltd. announces that today it granted 7,500,000 incentive stock options to purchase Rio2 common shares to directors, officers, employees and consultants pursuant to the Rio2's Stock Option Plan. These Stock Options have an expiry date of January 11, 2028, and will vest 1/3 thereof on each of the first, second and third anniversaries of grant [...]
