RIO2 Limited Announces Grant of Incentive Stock Options
RIO2 LIMITED ANNOUNCES GRANT OF INCENTIVE STOCK OPTIONS
For Immediate Release January 11, 2023
VANCOUVER, B.C., - Rio2 Limited (" Rio2" or the " Company") (TSXV: RIO; OTCQX: RIOFF; BVL: RIO)
announces that today it granted 7,500,000 incentive stock options (the “Stock Options”) to purchase
Rio2 common shares to directors, officers, employees and consultants purs uant to the Rio2’s Stock
Option Plan.
These Stock Options have an expiry date of January 11, 2028, and will vest 1/3 thereof on each of the
first, second and third anniversaries of grant. Each Stock Option entit les the holder to purchase one
Rio2 common share at a price of Can$0.30 for a period of five years from the date of grant.
ABOUT RIO2 LIMITED
Rio2 is a mining company with a focus on development and mining operations with a team that has
proven technical skills as well as successful capital markets track record. Rio2 is focused on taking its
Fenix Gold Project in Chile to production in the shortest possible timeframe based on a staged
development strategy. Rio2 and its wholly owned subsidiary, Fenix Gold Limitada, are companies with
the highest environmental standards and responsibility with the firm conviction that it is possible to
develop mining projects that respect the three axes (Social, Environment, and Economics) of
sustainable development. As related companies, we reaffirm our commitment to apply environmental
standards beyond those that are mandated by regulators, seeking to protect and preserve the
environment of the territories that we operate in.
Forward-Looking Statements
Certain information contained in this press release constitutes "forward- looking information" within
the meaning of applicable securities legislation. Generally, these forward- looking statements can be
identified by the use of forward-looking terminology such as "plans", "expects" or "does not expect",
"is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates" or "does not
anticipate", or "believes", or variations of such words and phrases or state that certain actions, events
or results "may", "could", "would", "might" or "will be taken", "occur", "be achieved" or "has the
potential to." Forward -looking statements contained in this press release may include statements
regarding the timing and pricing of the common shar e issuances. Actual results and outcomes may
differ materially from what is expressed or forecasted in these forward -looking statements. Such
statements are qualified in their entirety by the inherent risks and uncertainties surrounding future
expectations. Among those factors which could cause actual results to differ materially are the
following: regulatory approvals, obtaining the requisite disinterested shareholder approval, market
conditions and other risk factors listed from time to time in our re ports filed with Canadian securities
regulators on SEDAR at www.sedar.com. The forward-looking statements included in this press release
are made as of the date of this press release and the Company disclaims any intention or obligation to
update or rev ise any forward- looking statements, whether as a result of new information, future
events or otherwise, except as expressly required by applicable securities legislation.
To learn more about Rio2 Limited, please visit www.rio2.com or Rio2’s SEDAR profile at
www.sedar.com.
ON BEHALF OF THE BOARD OF RIO2 LIMITED
Alex Black
Executive Chairman
Email: [email protected]
Tel: +51 99279 4655
Kathryn Johnson
Executive Vice President, CFO & Corporate Secretary
Email: [email protected]
Tel: +1 604 762 4720
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the
policies of the TSX Venture Exchange) accepts the responsibility for the adequacy or accuracy of this
release.