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RIO.TO ·

Rio2 Limited (“ Rio2” or the “Company ”) (TSXV: RIO; OTCQX: RIOFF; BVL: RIO) wishes to remind its shareholders that its forthcoming Annual General and Special Meeting of shareholders (the

Shareholder Meetings

RIO2 VIRTUAL AGM REMINDER – SEPTEMBER 21, 2021

For Immediate Release September 14, 2021

Rio2 Limited (“ Rio2” or the “Company ”) (TSXV: RIO; OTCQX: RIOFF; BVL: RIO) wishes to remind its

shareholders that its forthcoming Annual General and Special Meeting of shareholders (the

"Meeting") will be held on September 21, 2021 at 11 a.m. EST. This will be a completely virtual

Meeting, to be conducted via live webcast where all shareholders, regardless of geographic location,

will have an equal opportunity to participate online. Shareholders will not be able to attend the

Meeting in person.

The timing and process for voting is described in detail in the Notice of Availability of Proxy Materials

mailed to shareholders and meeting materials available on SEDAR at www.sedar.com and on the

company’s website at www.rio2.com/investors.

VOTING DEADLINE

The voting deadline is 5:00 p.m. (EST) on Friday, September 17, 2021.

PARTICIPATION AT THE MEETING

Registered Shareholders and duly appointed proxyholders can participate in the Meeting in real time

online at https://meetnow.global/MXQJDWN by clicking “Shareholder ” and entering the 15 -digit

Control Number located on th e form of proxy. Duly appointed proxyholders can participate in the

meeting by entering an invitation code provided by Computershare before the start of the Meeting.

Voting at the Meeting will only be available for Registered Shareholders and duly appointed

proxyholders. Non -Registered Shareholders who have not appointed themselves may attend the

meeting by clicking “Guest” and completing the online form.

Rio2 recommends shareholders log into the webcast at least 10 minutes in advance of the virtual

meeting start time to ensure connectivity.

Shareholders who have questions about voting their shares or attending the AGM may contact

Investor Relations by telephone at (604) 260-2696 ext. 101, by toll-free telephone at 1 877 359-0906

or by email at [email protected].

Your vote is important. Whether or not you plan to virtually attend the AGM, please vote as soon as

possible by one of the methods described in the proxy materials for the AGM to ensure that your

shares are represented and voted at the AGM.

ABOUT RIO2 LIMITED 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 a 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. In addition to the Fenix Gold Project in development in Chile, Rio2 Limited

continues to pursue additional strategic acquisitions where it can deploy its operational excellence

and responsible mining practices to build a multi-asset, multi-jurisdiction, precious metals company.

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

President, CEO & Director

Email: [email protected]

Tel: 1 (604) 260-2696

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.