Rio2 announces receipt of us$50 million from wheaton precious metals

Vancouver, british columbia, july 29, 2025 (globe newswire) -- rio2 limited (“rio2” or “the company”) (tsxv: rio; otcqx: rioff; bvl: rio) announces that, further to its news releases dated november 16, 2021, march 29, 2022, october 21, 2024, and march 24, 2025, it has received a third deposit payment of us$50,000,000 (the “third deposit”) from wheaton precious metals international ltd. (“wpmi”) in connection with the previously announced amended and restated precious metals purchase agreement and flexible pre-pay arrangement relating to rio2's fenix gold project in chile (“fenix gold”). the third deposit will be used by rio2 to continue to advance construction at fenix gold.
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