RIO Silver Announces Results of Agm
RIO SILVER ANNOUNCES RESULTS OF AGM
Vancouver, British Columbia – December 20, 2021 – Rio Silver Inc. (“Rio Silver” or the “Company”)
(TSX.V: RYO) is pleased to announce the voting results from its Annual General Meeting of Shareholders
(the “Meeting”), held in Vancouver, British Columbia on December 17th, 2021. The total number of shares
represented by shareholders present in person and by proxy at the meeting was 14,138,460, 20.53% of
Rio’s issued and outstanding Common Shares.
All matters put forward before shareholders for consideration and approval as set out in the Company’s
Management Information Circular dated the 12th of November 2021 were approved by the requisite majority
of votes cast at the Meeting. The details of the voting results for the election of directors are set out below:
The shareholders also approved: (i) fixing of the number of directors of the Company at four; (ii) appointing
MNP LLP, Chartered Accountants, as the Company’s auditor for the ensuing year and authorizing the
directors to set the auditor’s remuneration; (iii) confirming and approving the Company’s existing stock
option plan; (iv) and approving the re- pricing of certain stock options granted by the Company to insiders
and consultants of the Company.
The details of the voting results for the election of directors are set out below:
Nominee # Votes for % Votes for
Steven Brunelle 14,088,460 99.65
Chris Verrico 14,088,460 99.65
Edward Badida 13,778,460 97.45
Richard Mazur 14,088,460 99.65
The Company will file a report of voting results on all resolutions voted on at the Meeting
on www.sedar.com.
About Rio Silver
Rio Silver Inc. is a Canadian Exploration and Mine Development company. Our business is to develop our
100% owned Ninobamba project and to unlock the tremendous potential for shareholder value identified
from the previous $10 million spent by Newmont and others at both, Ninobamba Main and Jorimina Zone’s.
Our own recently commissioned & independently constructed ‘exploration potential” model for Ninobamba
Main has identified more world class development potential. Benefits are also soon to materialize from the
carried development of the new Palta Dorada Au Ag project, focusing on a near term revenue stream. For
more information, please visit: https://www.riosilverinc.com/
For more information contact:
Christopher Verrico, President, CEO
Tel: (604) 762-4448
Email: [email protected]
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of
the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
This news release includes forward- looking statements that are subject to risks and uncertainties. All statements within, other than
statements of historical fact, are to be considered forward looking. Although the Company believes the expectations expressed in
such forward-looking statements are based on reasonable assumptions, such statements are not a guarantee of future performance
and actual results or developments may differ materially from those in forward- looking statements. Factors that could cause actual
results to differ materially from those in forward- looking statements include market prices, exploitation and exploration successes,
continued availability of capital and financing, and general economic, market or business conditions. There can be no assurances that
such statements will prove accurate and, therefore, readers are advised to rely on their own evaluation of such uncertainties . We do
not assume any obligation to update any forward-looking statements except as required by applicable laws.