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 [...]
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, [...]
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 [...]
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 [...]
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 [...]
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 [...]
Rio2 Limited is pleased to announce that, due to increased demand, it intends to increase the size of its previously announced non-brokered private placement. The Company will now issue up 15,217,391 units at a price of $0.46 per Unit for a total gross proceeds of up to $7,000,000 . Depending on market conditions, the Company may further increase [...]
Rio2 Limited announces that it intends to complete a non-brokered private placement offering of Units at a price of $0.46 per Unit for gross proceeds of between $3,000,000 and $5,000,000 . The Company may increase the amount to be raised under the Offering based on market conditions. Each Unit will consist of one common share of the Company and one [...]
Rio2 Ltd. is pleased to announce drilling results from the first 11 reverse circulation drill holes and 4 surface trenches at its Fenix Gold Project located in the Maricunga region, Chile. The drilling represents 2,236 meters drilled to date of an approximate 7,000-meter drilling program that commenced in late November 2018. The objective of this [...]
Rio2 Limited is pleased to announce that a 7,000-meter in-pit drilling program has commenced at its Fenix Gold Project located in the Atacama Region within the well-known Maricunga Mineral Belt. The drilling is focused on the US$728 pit shell as defined in the Project’s Pre-Feasibility Study completed in 2014. As previously announced, the [...]
Rio2 Limited announces today that Alex Black, the President and Chief Executive Officer of the Company, has purchased a total of 742,500 common shares of the Company over the course of the past 5 days through the facilities of the TSX Venture Exchange. Prior to these purchases, Alex Black owned and controlled 14,414,721 Common Shares, representing [...]
Rio2 Ltd. announces today that its Board of Directors has authorized and approved a grant of 1,910,000 incentive stock options to directors, officers, and senior management under its incentive stock option plan . The Stock Options have an expiry date of September 27, 2023 and will vest as to 1/3 thereof on each of the first, second and third [...]