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File: Rio Silver - News Release.pdf

                    RIO SILVER PROPOSES TO AMEND WARRANT EXPIRY DATE

January 15, 2018, Toronto, Ontario, Canada   Rio Silver Inc. ("Rio Silver" or the "Company") (TSX.V:
RYO) announces that it intends to apply to the TSX Venture Exchange to amend the terms of a total of
1,500,000 outstanding share purchase warrants issued pursuant to a private placement that closed on August
23, 2016. These warrants are exercisable at a price of $0.05 per share and are currently set to expire on
February 23, 2018, as set out in the press release of the Company on August 23, 2016. The proposed
amendment is limited to the extension of the expiry date of the warrants without changes to the exercise
price of $0.05 per warrant share. Subject to regulatory approval, the proposed new date for expiry of the
warrants is August 23, 2019.



ON BEHALF OF THE BOARD OF DIRECTORS OF RIO SILVER INC.

Jeffrey Reeder
President and Chief Executive Officer

Neither the TSX Venture Exchange nor its Regulation Services Provider accepts responsibility for the
adequacy or accuracy of this release.

This news release includes forward-looking statements that are subject to risks and uncertainties. All statements with
--->in,
other than statements of historical fact, are to be considered forward looking. Although the Company believes the
expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are
not guarantees of future performance and actual results or developments may differ materially from those in forward-
looking statements. Factors that could cause actual results to differ materially from those in forward-looking stateme
--->nts
include market prices, exploitation and exploration successes, continued availability of capital and financing, and
general economic, market or business conditions. There can be no assurances that such statements will prove accurate
and, therefore, readers are advised to rely on their own evaluation of such uncertainties. We do not assume any
obligation to update any forward-looking statements except as required by applicable laws.

For more information contact:

Jeffrey Reeder, President, CEO                      Dan Hamilton, Chief Financial Officer
Tel: (647) 302-3290                                 Tel: (416) 479-9546
Website: www.riosilverinc.com




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