Rio2 Ltd V.RIO

Alternate Symbol(s): RIOFF

Metals & Mining Gold

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, 37,291 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.

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Rio2 Ltd

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Post by Betteryear2on Mar 29, 2022 8:01am

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Rio2 Announces Receipt of First Deposit of US$25 Million

TORONTO, March 29, 2022 (GLOBE NEWSWIRE) -- Rio2 Limited (“Rio2” or “the Company”) (TSXV: RIO; OTCQX: RIOFF; BVL: RIO) today announces that it has received a deposit payment of US$25,000,000 from Wheaton Precious Metals International Ltd. (“WPMI”) in connection with the previously announced precious metals purchase agreement on Rio2’s Fenix Gold Project in Chile (the “Gold Stream”).

Rio2 Announces Receipt of First Deposit of US$25 Million From Fenix Gold Stream

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