Rio Silver Announces Director Resignation

March 3, 2017, Toronto, Ontario, Canada – Rio Silver Inc. (“Rio Silver” or the "Company") (TSX.V: RYO) announces that Mr. John Magee has resigned as a director of the Company and from all other positions with the Company. The Board of Directors would like to thank Mr. Magee for his contribution to Rio Silver over the years.

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.

For more information contact:

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

Website: www.riosilverinc.com

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