Mr. Jeffrey Reeder reports

RIO SILVER ANNOUNCES COMPLETION OF SHARES FOR DEBT TRANSACTION

Rio Silver Inc. has received TSX Venture Exchange approval to settle an aggregate of $42,894 of indebtedness owed to certain arm's-length and non-arm's-length creditors through the issuance of an aggregate of 857,879 common shares at a deemed issuance price of five cents per common share, of which 497,200 common shares will be issued to non-arm's-length creditors. All common shares issued to settle the debt will be subject to a hold period expiring on Nov. 5, 2018. Completion of the transaction will allow the company to improve its current working capital deficiency position.

We seek Safe Harbor.