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Rio2 Ltd (2)
Symbol RIO
Shares Issued 301,494,413
Close 2024-05-16 C$ 0.58
Market Cap C$ 174,866,760
Recent Sedar Documents

Rio2 shareholders approve AGM resolutions

2024-05-16 15:23 ET - News Release

Mr. Alex Black reports

RIO2 ANNOUNCES 2024 AGM RESULTS

Rio2 Ltd. has released the results of voting at its annual and special general meeting of shareholders held May 15, 2024. A total of 115,981,552 common shares were voted, representing 44.68 per cent of 259,568,913 shares issued and outstanding as of the record date of the meeting.

Shareholders voted in favour of all items of business before the meeting, including the election of all director nominees as shown in the attached table.

At the meeting, shareholders also approved and ratified the 2023 Rio2 stock option plan and approved amendments to the company's share incentive plan as more thoroughly described in the April 2, 2024, information circular mailed to shareholders and filed on SEDAR+. The full version of the stock option plan and amended share incentive plan can be obtained directly from the company by sending a written request to info@rio2.com.

Shareholders also approved the security-based compensation to non-arm's-length parties as previously announced on Jan. 29, 2024. Further disclosure on the security-based compensation can be found in the information circular.

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 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 it operates in.

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