Rio Silver Closes Acquisition of Maria Norte Property in Peru

Reuters12-13 08:35
<a href="https://laohu8.com/S/RYOOF">Rio Silver</a> Closes Acquisition of Maria Norte Property in Peru

Rio Silver Inc. has completed its acquisition of 100% of the issued and outstanding common shares of Mamaniña Exploraciones S.A.C., a Peruvian corporation that holds the mining rights to the Maria Norte project in central Peru. As part of the deal, Rio Silver issued 3,999,999 common shares to Peruvian Metals Corp., representing 9.27% of the company's outstanding share capital after a recent share consolidation. In addition, Rio Silver will make semi-annual cash payments totaling US$250,000 to Peruvian Metals over five years, with US$225,000 remaining to be paid. A geological report for the Maria Norte Property will be filed on the company's SEDAR+ profile.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Rio Silver Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: GNW9601749-en) on December 13, 2025, and is solely responsible for the information contained therein.
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