Rio Grande Resources Submits Application to Uplist to the OTCQB Venture Market
Rio Grande Resources Submits Application to Uplist to the
OTCQB Venture Market
VANCOUVER, British Columbia, May 13, 202 5 – Rio Grande Resources Ltd. (CSE: RGR)
(OTCPINK: RGRLF) (“Rio Grande” or “RIO” the “Company”), an emerging North American gold and
silver exploration company, is pleased to announce that it has filed an application to have its
common shares uplisted to the OTCQB® Venture Market (the “ OTCQB”) in the United States ,
following the Company’s recent listing on the OTC Pink Market.
The OTCQB Venture Market is the premier marketplace for early stage and developing
entrepreneurial-stage companies . The OTCQB is considered by the Securities and Exchange
Commission as an “established public market” for determining the public market price when
registering securities for resale and international companies and applies standards that promote
price transparency and facilitate public disclosure. To be eligible, companies must be current in their
reporting and undergo an annual verification and management certification process.
Jason Barnard, President, and CEO of Rio Grande, comments: “Our OTCQB uplisting marks the next
strategic step in Rio Grande’s growth – expanding our U.S. investor base, elevating our profile, and
positioning us alongside established explorers. Paired with our Canadian listing, this will create a
powerful North American platform to fund our growing exploration pipeline in New Mexico's premier
mining districts. The OTCQB is a perfect environment and compliments our district-scale exploration
program, our future plans and its expected demands. This uplisting simply just won’t be an upgrade
– it’s the right platform for the discoveries ahead. ”
Upon approval, Rio Grande shares are expected to continue to trade with a U.S. ticker symbol
“RGRLF”. The Company’s common shares will continue to trade on the Canadian Securities
Exchange (“CSE”) under the symbol “ RGR”. The trading of the Company's common shares on the
OTCQB remains subject to several approvals, including by the OTC Markets Group and the
satisfaction of all applicable OTCQB standards. Shareholders will be updated on the status of the
Company’s progress as more information becomes available.
Appointment
Rio Grande is pleased to announce the appointment of Shayla Forster as Corporate Secretary,
following the departure of Kelly Pladson. Ms. Forster is a seasoned governance professional with over
a decade of corporate governance, corporate secretarial, and securities regulation experience with
a focus on the mining sector. Her proven track record in regulatory filings, board governance, and
shareholder communications will be instrumental as the Company advances the Winston Gold and
Silver Group of Properties. The Company thanks Kelly Pladson for her dedicated service during which
she provided exceptional corporate governance and compliance support.
In connection with the appointment that it has granted 20,000 incentive stock options of the
Company. The incentive stock options were granted on May 12, 2025, fully vested, have an exercise
price of $0. 085 per share, and are valid for a 3-year period from the grant date. All stock options
issued are subject to a statutory hold period of four months and one day and have been granted in
accordance with the Company’s Omnibus Long-Term Incentive Plan dated December 20, 2024 and
the policies of the Canadian Securities Exchange
About Rio Grande Resources
Rio Grande Resources (CSE:RGR) (OTC: RGRLF) is a burgeoning mineral exploration company
focused on unlocking the high -grade gold and silver potential within its 3,000 -acre drill -ready
property in the Black Range of Sierra County, New Mexico. The company holds 100% interest in the
Winston project group, which includes the 2 patented historic Ivanhoe & Emporia Claims, and Little
Granite mines, all known for their past production of high -grade precious metals. Rio Grande
Resources is led by a team of experienced professionals with expertise in mineral exploration and
development, who are targeting large -scale precious metal discoveries within the property's well -
documented low -sulfidation epithermal setting. To view the company fact sheet and corporat e
presentation please visit our website at www.riogranderesources.ca
Contact and Information
Company
Jason Barnard, President, CEO and Director
(604) 767-6598
Investor Relations
Lucas A. Zimmerman
Managing Director
MZ Group - MZ North America
(949) 259-4987
www.mzgroup.us
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Forward-Looking Statements
Except for the statements of historical fact contained herein, the information presented in this news
release and oral statements made from time to time by representatives of the Company are or may
constitute “forward -looking statements” as such term is us ed in applicable United States and
Canadian laws and including, without limitation, within the meaning of the Private Securities
Litigation Reform Act of 1995, for which the Company claims the protection of the safe harbor for
forward looking statements. S uch forward -looking statements and forward -looking information
include, but are not limited CSE and the proposed benefits of the Arrangement. These statements
relate to analyses and other information that are based on forecasts of future results, estimates of
amounts not yet determinable and assumptions of management. Any other statements that express
or involve discussions with respect to predictions, expectations, beliefs, plans, projections,
objectives, assumptions or future events or performance (often, but not always, using words or
phrases such as “expects” or “does not expect, ” “is expected, ” “anticipates” or “does not anticipate, ”
“plans, ” “estimates” or “intends, ” or stating that certain actions, events or results “may, ” “could, ”
“would, ” “might” or “will” be taken, occur or be achieved) are not statements of historical fact and
should be viewed as forward-looking statements. Such forward -looking statements involve known
and unknown risks, uncertainties and other factors which may cause the actual results, performance
or achievements of the Company to be materially different from any future resul ts, performance or
achievements expressed or implied by such forward -looking statements. Such risks and other
factors include, among others, the availability of capital to fund programs and the resulting dilution
caused by the raising of capital through the sale of shares, continuity of agreements with third parties,
the satisfaction of the conditions to the Arrangement, risks and uncertainties associated with the
environment and delays in obtaining governmental approvals, permits or financing . Although the
Company has attempted to identify important factors that could cause actual actions, events or
results to differ materially from those described in forward -looking statements, there may be other
factors that cause actions, events or results not to be as a nticipated, estimated or intended. There
can be no assurance that such statements will prove to be accurate as actual results and future
events could differ materially from those anticipated in such statements. Although the Company
believes that the expect ations reflected in such forward -looking statements are based upon
reasonable assumptions, it can give no assurance that its expectations will be achieved. Forward -
looking information is subject to certain risks, trends and uncertainties that could cause a ctual
results to differ materially from those projected. Many of these factors are beyond the Company’s
ability to control or predict. Important factors that may cause actual results to differ materially and
that could impact the Company and the statements contained in this news release can be found in
the Company’s filings on SEDAR+. The Company assumes no obligation to update or supplement any
forward-looking statements whether as a result of new information, future events or otherwise.
Accordingly, readers should not place undue reliance on forward -looking statements contained in
this news release and in any document referred to in this news release. This news release shall not
constitute an offer to sell or the solicitation of an offer to buy securities. Please refer to the Company’s
most recent filings under its profile at on SEDAR+ at www.sedarplus.ca for further information
respecting the risks affecting the Company and its business.
The CSE has neither approved nor disapproved the contents of this news release and accepts no
responsibility for the adequacy or accuracy hereof.