Rio2 announces closing of c$63 million public offering and c$5 million private placement

Not for distribution to united states news wire services or for dissemination in the united states vancouver, british columbia, oct. 29, 2024 (globe newswire) -- rio2 limited (“rio2” or the “company”) (tsxv: rio; otcqx: rioff; bvl: rio) announces today that it has closed its previously announced public offering of 97,307,710 common shares of the company (“common shares”) at a price of ‎c$0.65 per common share for gross proceeds of approximately c$63 million, including the full exercise ‎of the agents' option (the “public offering”). the public offering was conducted pursuant to ‎the terms and conditions of an agency agreement entered into between the company and ‎raymond james ltd.
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