BULLETIN V2025-4055
RIO SILVER INC. ("RYO")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: December 15, 2025
TSX Venture Tier 2 Company
TSX Venture Exchange (the "Exchange") has accepted for filing documentation pertaining to an definitive agreement (the "Agreement") dated March 25, 2025, as amended on June 24, 2025 and September 17, 2025 between the Company and Peruvian Metals Corp. ("Peruvian"), whereby the Company has acquired from Peruvian 100% of the issued and outstanding common shares of Mamani?a Exploraciones S.A.C. (the "Subsidiary"), a wholly-owned Peruvian subsidiary of Peruvian, which holds an interest in the Maria Norte project (four mineral claims) located in Peru.
As consideration for the acquisition of the Subsidiary, the Company has issued 3,999,999 common shares on a post consolidation basis to Peruvian upon closing. Additionally, the Company must pay cash consideration which includes an initial cash payment of CA$15,000 (already paid), a one-time cash payment of US$22,500 (already paid), and semi-annual option payments of US$25,000 over a five-year period, for an aggregate amount of US$250,000 (with the payment due on June 15, 2025, already paid).
The transaction is arm's length in nature, and no finder's fees are payable.
For further details, please refer to the Company's news releases dated March 26, 2025, June 25, 2025, August 12, 2025, September 17, 2025 and December 12, 2025.
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