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RIO2 Limited Lists Its Shares ON the Lima Stock Exchange

Corporate Updates

PRESS RELEASE – SE PTEMBER 7, 2018

RIO2 LIMITED LISTS ITS SHARES ON THE LIMA STOCK EXCHANGE

Rio2 Limited (“Rio2”) (TSX-V:RIO; BVL: RIO) ("Rio2"or the “Company") announces that the

Company's common shares have been listed fo r trading on the Bolsa de Valores de Lima

("BVL") as of the opening of trading on Se ptember 7, 2018 under the ticker symbol “ RIO”.

Kallpa Securities S.A.B. in Lima, Peru acted as Rio2’s sponsoring broker for the BVL listing.

Alex Black, President and CEO of Rio2 comments, “We are pleased to list our shares on the

Lima Stock Exchange as we advance the deve lopment of our Cerro Maricunga Project in

Chile. Listing on the Lima Stock Exchange is part of the Company’s strategy of providing Latin

American investors with the possibility to inve st within Latin America and participate in the

Company’s growth with projects in the region.”

The BVL listing follows the CAD 10 million bought deal financing that Rio2 completed on May

31, 2018. A portion of the financing was placed with sophisticated investors in Peru by

Kallpa Securities S.A.B.

The BVL was founded in 1860 and has near ly 280 listed companies that represent

approximately a market capitalization of US $165 billion. The BVL is the most active mining

stock exchange in Latin America. In addition to the Peruvian and international mining

companies listed on the BVL, there are 5 dual-listed TSX/BVL mining companies and 10

dual-listed TSX-V/BVL mining companies. The BVL is also a participant of the Mercado

Integrado Latinoamericano (“MILA”). Through MILA, the companies listed on the BVL have a

higher international exposure, due to the integr ation with equity markets in Colombia, Chile

and Mexico.

ABOUT RIO2 LIMITED

Rio2 Limited is building a multi-asset, multi-jurisdiction, precious metals company focused in

the Americas. With the Cerro Maricunga Gold Project in development in Chile and

exploration platforms in Peru and Central Am erica, Rio2 Limited will continue pursuing

additional strategic acquisitions to compile an attractive portfolio of precious metals assets

where it can deploy its operational excellenc e and responsible mining practices to create

value for its shareholders. Rio2 Limited has assembled a highly experienced executive team

to generate significant shareholder value, with proven technical skills in the development and

operations of mines and capital markets expe rience. Through the strategy of acquiring

precious metals assets at exploration, deve lopment, and operating stages, the executive

team will grow Rio2 Limited and create long-term shareholder value through the

development of high-margin, strong free-cash-flowing mining operations.

For more information about Rio2 Limited, please contact:

Alex Black

President and Chief Executive Officer

[email protected]

Canada: (416) 570 3155

Peru: (51) 992 794 655

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.