Rio2 Ltd. and Sixth Wave Innovations Inc. are pleased to announce the second phase test work of patented IXOS? purification polymer will begin at Rio2's Fenix Gold Project in Chile in mid-January 2022. The second phase test work at the mine site follows on from the successful completion of ore tests at Sixth Wave's Salt Lake City Utah facility in [...]
Rio2 Ltd. announces the closing of the sale of the Anocarire mining concessions by Fenix Gold Limitada, a wholly owned subsidiary of Rio2, to Andex Minerals Chile SpA following the successful completion of Andex's purchase option. The Anocarire mining concessions were one of the non-core assets resulting from the Company's business combination with [...]
Rio2 Ltd. is pleased to announce that it has entered into a definitive precious metals purchase agreement with Wheaton Precious Metals International Ltd. , a wholly-owned subsidiary of Wheaton Precious Metals Corp., in relation to the Company's Fenix Gold Project in Chile. The Gold Stream is one of the components of the mine construction financing [...]
It is with deep sadness that Rio2 Ltd. announces the passing of one of the Company's Foundation Directors, David Thomas. Mr. Thomas passed away unexpectedly at his home in Park City, Utah on Monday, November 1, 2021. He was 77 years of age. Mr. Thomas, an internationally experienced mining engineer, was an independent non-executive Director of the [...]
Rio2 Ltd. announces the results of voting at its Annual and Special General Meeting of Shareholders held on Tuesday, September 21, 2021. A total of 108,520,448 common shares were voted, representing 54.22% of 200,135,270 shares issued and outstanding as at the record date of the meeting. Shareholders voted in favor of all items put forward by the [...]
Rio2 Ltd. wishes to remind its shareholders that its forthcoming Annual General and Special Meeting of shareholders will be held on September 21, 2021 at 11 a.m. EST. This will be a completely virtual Meeting, to be conducted via live webcast where all shareholders, regardless of geographic location, will have an equal opportunity to participate [...]
Sixth Wave Innovations Inc. and Rio2 Ltd. are pleased to announce the signing of a contract which provides for the continuation of testing of SIXW's patented IXOS? purification polymer at Rio2's Fenix Gold Project in Chile using Rio2's nearby Lince Infrastructure facilities. The Contract follows successful completion of testing done on [...]
Rio2 Ltd. announces that it has closed the underwritten public offering of common shares of the Company and the private placement of Common Shares to Wheaton Precious Metals Corp. , previously announced for combined gross proceeds of C$35,144,122. A total of 44,275,000 Common Shares were issued pursuant to the Public Offering at the price of C$0.65 [...]
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 [...]
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 [...]
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 [...]
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 [...]
