Rio2 Ltd. announces today that following comprehensive and exhaustive due diligence and negotiations, Rio2's Chilean subsidiary, Fenix Gold Limitada , has signed two separate memorandum of understandings with two companies that have desalinated water distribution facilities located in the Copiapo area, to undertake studies for the potential supply of desalinated water to the Fenix Gold Mine located in the Atacama Region [...]
Rio2 Ltd. is pleased to announce that it has received final listing approval from the Toronto Stock Exchange to graduate from the TSX Venture Exchange . The common shares of the Company will begin trading on the TSX effective at the market open on September 3, 2025, under the symbol "RIO". In conjunction with the graduation to the TSX, the Common Shares will be voluntarily delisted from and will no longer trade on the [...]
Rio2 Ltd. announces that it has granted a total of 1,730,000 restricted share units to executive officers and directors of the Company. The restricted share units have been granted pursuant to the Company's Share Incentive Plan and are subject to vesting provisions. Rio2 also announces that it has granted a total of 400,000 stock options , pursuant to the Company's Stock Option Plan, to certain executive officers. The [...]
Rio2 Ltd. today provides an update on progress made at Rio2's 100% owned Fenix Gold Project currently under construction in the Atacama Region, Chile. At the end of Q2 2025, construction was 41% complete and remains on track and on budget for first gold production in January 2026. CONSTRUCTION UPDATE Construction highlights for the nine months from October 1, 2024, to June 30, 2025, are as follows, with all amounts [...]
Rio2 Ltd. announces that, further to its news releases dated November 16, 2021, March 29, 2022, October 21, 2024, and March 24, 2025, it has received a third deposit payment of US$50,000,000 from Wheaton Precious Metals International Ltd. in connection with the previously announced amended and restated precious metals purchase agreement and flexible pre-pay arrangement relating to Rio2's Fenix Gold Project in Chile . The [...]
Rio2 Ltd. announces the results of voting at its Annual and Special General Meeting of Shareholders held June 4, 2025. A total of 238,282,608 common shares were voted, representing 55.82% of 426,846,684 shares issued and outstanding as of the record date of the Meeting. Shareholders voted in favour of all items of business before the Meeting, including the election of all director nominees as follows: VOTES FOR % VOTES [...]
Rio2 Ltd. wishes to remind its shareholders that its forthcoming Annual General and Special Meeting of shareholders will be held on June 4, 2025, at 11 a.m. ET. This will be an entirely virtual Meeting to be conducted via live webcast, where all shareholders, regardless of geographic location, will have an equal opportunity to participate online. Shareholders will not be able to attend the Meeting in person. The timing [...]
Rio2 Ltd. today provides an update on progress made at Rio2's 100% owned Fenix Gold Project currently under construction in the Atacama Region, Chile. At the end of Q1 2025, construction was 19% complete and remains on track and on budget for first gold production in January 2026. Construction highlights for the five-month period from November 1, 2024, to March 31, 2025, are as follows, with all amounts expressed in US [...]
Rio2 Ltd. announces that, further to its news releases dated November 16, 2021, March 29, 2022, and October 21, 2024, it has received a second deposit payment of US$25,000,000 from Wheaton Precious Metals International Ltd. in connection with the previously announced amended and restated precious metals purchase agreement on Rio2's Fenix Gold Project in Chile . The Gold Stream is a component of the previously announced [...]
Rio2 Ltd. announces today the celebration of the official start of construction of its Fenix Gold Mine located in the Maricunga Gold Belt of the Atacama Region. The event held on February 6, was attended by the Honorable Aurora Williams Baussa, Minister of Mining; Mr. Mario Silva Álvarez, Deputy Governor of Atacama; Mr. Jorge Riesco Valdivieso, President of SONAMI ; representatives of the Colla Indigenous Communities [...]
Rio2 Ltd. , is providing an update on construction activities at its Fenix Gold Mine located in the Maricunga Gold Belt of the Atacama Region, in Chile. OVERVIEW Pre-construction activities commenced at the Fenix Gold Mine in 2022 prior to the Environmental Impact Assessment for the project being rejected by the Chilean environmental regulators. Those activities included: ordering and securing of long lead items for the [...]
Rio2 Ltd. , after completing the Company's highly successful debt and equity financing announced on October 21, 2024, provides an update on the progress made by its Chilean subsidiary, Fenix Gold Limitada , which is currently constructing the Fenix Gold Mine located in the Maricunga Gold Belt of the Atacama Region, in Chile. Advancements include the commencement of hiring of our Chilean workforce, mobilization of civil [...]