TORONTO, Sept. 27, 2018 (GLOBE NEWSWIRE) -- Rio2 Limited (“Rio2” or the “Company”) (TSXV:
RIO; BVL:RIO) announces today that its Board of Directors has authorized and approved a grant of
1,910,000 incentive stock options (the “Stock Options”) to directors, officers, and senior management under its incentive
stock option plan (the “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 anniversaries of grant, in accordance with the Stock Option Plan. The exercise price
of the Stock Options is Cdn $0.65 per share.
ABOUT RIO2 LIMITED
Rio2 Limited is building a multi?asset, multi?jurisdiction, precious metals company focused in the Americas. With the Fenix Gold
Project in development in Chile and exploration platforms in Peru and Central America, Rio2 Limited will continue pursuing
additional strategic acquisitions to compile an attractive portfolio of precious metals assets where it can deploy its operational
excellence and responsible mining practices to create value for its shareholders. Rio2 Limited has assembled a highly experienced
executive team to generate significant shareholder value, with proven technical skills in the development and operations of mines
and capital markets experience. Through its strategy of acquiring precious metals assets at exploration, development, and operating
stages, the executive team will grow Rio2 Limited and create long?term shareholder value through the development of high?margin,
strong free?cash?flowing mining operations.
For more information about Rio2 Limited, please contact:
Alex Black
President and Chief Executive Officer
Email: info@rio2.com
Telephone: +1 (416) 432 0622
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in
the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this
release
