Rio2 announces financing package to fund the fenix gold project

Not for distribution to united states news wire services or for dissemination in the united states vancouver, british columbia, oct. 21, 2024 (globe newswire) -- rio2 limited (“rio2” or the “company”) (tsxv: rio; otcqx: rioff; bvl: rio) today announces that it has arranged a mine construction financing package expected to total approximately us$150 million for construction and general working capital of the company's 100%-owned fenix gold project in chile (“fenix gold” or the “project”). this funding package marks a significant de-risking milestone for fenix gold, and with all key sectorial permits for construction now in hand, rio2 is positioned to fully execute the development, ramp-up and operation of the fenix gold mine.
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