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File: Share_for_debt__June2018_Final.docx

 





RIO SILVER ANNOUNCES PROPOSED SHARES FOR DEBT TRANSACTION

June 22, 2018, Toronto, Ontario, Canada - Rio Silver Inc. ("Rio Silver" or the "Company") (TSX.V: RYO) announces that 
--->it intends to settle an aggregate of $42,894 of indebtedness (the "Debt") owed to certain arm's length and non-arm's l
--->ength creditors through the issuance of an aggregate of 857,879 common shares at a deemed issuance price of $0.05 per 
--->common share (the "Transaction"), of which 497,200 common shares will be issued to non-arm's length creditors.  All co
--->mmon shares issued to settle the Debt will be subject to a hold period of four months and one day from the date of iss
--->uance.  The Transaction is subject to TSX Venture Exchange approval. Completion of the Transaction will allow the Comp
--->any to improve its current working capital deficiency position.



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 (as that term is defined in the policies of the 
--->TSX Venture Exchange) 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-looki
--->ng statements. Factors that could cause actual results to differ materially from those in forward-looking statements i
--->nclude market prices, exploitation and exploration successes, continued availability of capital and financing, and gen
--->eral 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.
For more information contact:

Jeff Reeder, President, CEO                                       Steve Brunelle, Chairman
Tel:  (647) 302-3290                                       Tel: (416) 854-2552

Website: www.riosilverinc.com