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Rio2 Ltd. V.RIO

Alternate Symbol(s):  RIOFF

Rio2 Limited is a Canada-based mining company with a focus on development and mining operations. The Company is focused on its Fenix Gold Project in Chile. The Fenix Gold Project, 16,050 hectares, is located in Atacama Region, in the Copiapo Province, Chile, specifically in the Maricunga Mineral Belt, approximately 160 kilometers northeast of Copiapo by International Road CH-31. It is an undeveloped gold heap leach project in the Americas. The Fenix Gold is a mining district that contains over 70 million ounces of gold and hosts the La Coipa and Refugio mines, as well as the Volcan, Caspiche, Lobo Marte and Cerro Casale deposits. The Company’s subsidiary is Fenix Gold Limitada.


TSXV:RIO - Post by User

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Post by reddog11on Dec 10, 2020 10:43am
176 Views
Post# 32076394

not spam

not spamI own both Rio2 and Ascot. Ascot just obtained a really good finance package to build their mine
with very little stock dilution. Nearly none. I am VERY hopeful Rio2 will do a similar deal. With minimal stock dilution, it is great for shareholders.

I have heard on recent interviews with Mr. Black that hey also want a creative finance package which would be very beneficial to shareholders ad Mr Black is a large shareholder. The finance package for ASCOT is through Sprott whicj Rio2 has dealt with before also.

Go to the ASCOT bb to see the finance packge.

Thanks,
RD
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