Mr. Alex Black reports

RIO2 LIMITED ANNOUNCES GRADUATION TO TSX

Rio2 Ltd. 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 Sept. 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 TSX-V at the commencement of trading on the TSX.

Alex Black, executive chairman of the board of Rio2, commented: "Graduating to the TSX is a milestone achievement for Rio2; it demonstrates the significant progress our company has achieved in recent years. This listing will provide greater visibility, improved liquidity and increased access to a broader investor base as we continue to advance our growth strategy."

Shareholders will not be required to take any action in connection with the graduation and listing on the TSX. There will be no change in the company's Cusip number.

About Rio2 Ltd.

Rio2 is a mining company with a focus on development and mining operations with a team that has proven technical skills, as well as successful capital markets track record. Rio2 is focused on taking its Fenix gold project in Chile to production in the shortest possible time frame based on a staged development strategy. Rio2 and its wholly owned subsidiary, Fenix Gold Ltda., are companies with the highest environmental standards and responsibility with the firm conviction that it is possible to develop mining projects that respect the three pillars (social, environment and economics) of responsible development. As related companies, the company reaffirms its commitment to apply environmental standards beyond those that are mandated by regulators, seeking to protect and preserve the environment of the territories that Rio2 operates in.

We seek Safe Harbor.