Rio2 Closes C$23M Offering

VANCOUVER, British Columbia, April 17, 2024 (GLOBE NEWSWIRE) -- Rio2 Limited (“Rio2” or the “Company”) (TSXV: RIO; OTCQX: RIOFF; BVL: RIO) announces that it has closed its private placement, as announced on April 8, 2024, and April 9, 2024. A total of 59,030,000 common shares of the Company (the “Shares”) were sold at a price of $0.39 per Share (the “Offering Price”) for gross proceeds to the Company of $23,021,700 (the “Offering”).

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