Rio2 Limited Announces Certain Directors and Employees to Receive Shares in Lieu of Salaries

VANCOUVER, British Columbia, Jan. 29, 2024 (GLOBE NEWSWIRE) -- Rio2 Limited (“Rio2” or the “Company”) (TSXV: RIO; OTCQX: RIOFF; BVL: RIO) announces that the Company has entered into shares for services agreements (collectively, the “Shares for Services Agreements”) with certain directors and employees. Pursuant to the Shares for Services Agreements, such directors and employees will ‎receive all or a portion of their director fees or wages for the period from January 1, 2024, to ‎December 31, 2024 in common shares of the Company (the “Security Based Compensation”), with the remaining amount, if any, to be ‎satisfied in cash.‎

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