RYO.V · 2025-06-27 12:00:00

Rio Silver to Complete 5:1 Consolidation

Corporate Actions

VANCOUVER, British Columbia, June 27, 2025 -- Rio Silver Inc. (the "Company" or "Rio Silver") (TSX.V: RYO) (OTC: RYOOF)

announces that, further to the announcement on May 1, 2025, it will consolidate (the "Consolidation") its common shares on

the basis of five pre-Consolidation common shares for one post-Consolidation share.

The Company expects that the TSX Venture Exchange (the "Exchange") will issue a bulletin in short order, confirming that the

Company’s common shares will then commence trading on a post-Consolidation basis effective on or about the opening of

trading on Thursday, July 3, 2025. There will be no change to the Company’s name or trading symbol. The new CUSIP and

ISIN numbers for the post-Consolidation shares are 76721A113 and CA76721A1131, respectively.

No fractional common shares will be issued, and fractions of less than one-half of a common share will be cancelled and

fractions of at least one-half of a common share will be converted to a whole common share. Outstanding options, warrants

and other convertible securities will likewise be adjusted for the Consolidation, with the number of underlying common shares

and exercise prices being adjusted accordingly.

The Company currently has 84,832,845 common shares issued and outstanding, and immediately following the Consolidation

the Company expects to have, subject to rounding adjustment, approximately 16,966,572 common shares issued and

outstanding, none of which are subject to escrow.

Letters of Transmittal will be mailed shortly to registered shareholders who hold share certificates, with instructions for the

exchange of existing share certificates for new share certificates. Shareholders holding uncertificated shares (such as BEO,

NCI and DRS positions) will have their holdings adjusted electronically by the Company’s transfer agent and need not take any

further action to exchange their pre-Consolidation shares for post-Consolidation shares.

The Company expects that the Consolidation will provide the Company with increased flexibility in structuring and completing

financings and potential business transactions. Shareholder approval for the Consolidation was received at the Company’s

Annual General and Special Meeting of Shareholders held on June 12, 2025, as previously announced on June 25, 2025.

ON BEHALF OF THE BOARD OF DIRECTORS OF RIO SILVER INC.

Chris Verrico

Director, President and Chief Executive Officer

Neither the TSX Venture Exchange nor its Regulation Services Provider accepts responsibility for the adequacy or

accuracy of this release.

For further information,

Christopher Verrico, President, CEO

Tel: (604) 762-4448

Website: www.riosilverinc.com

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 guarantees 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.