Tuesday, 25 March, 2025 - 12:50
TSX-listed Rio2 gets US$25m boost to fast-track Chile gold project
Canadian-listed Rio2 Limited has secured a US$25m prepayment from a US-based precious metals investment firm, Wheaton Precious Metals International, under a precious metals purchase agreement with Rio2’s Fenix Gold project in Chile’s Maricunga belt. Rio2 views the funding as a strong endorsement of its development strategy and a key milestone in its push to bring the mine into production by year’s end.