RIO SILVER ANNOUNCES RESULTS OF ANNUAL GENERAL MEETING

Rio Silver Inc. completed its annual general meeting on June 12, 2026, with shareholders approving all presented resolutions including director elections, auditor appointments, and the company's security-based compensation plan. The meeting saw participation representing 13,099,198 common shares, or 22.24% of the company's issued and outstanding shares, indicating modest but sufficient shareholder engagement for corporate governance matters.

The company continues to position itself as a Canadian exploration and development entity with a dual geographic focus on Peru for precious and base metals exploration, while maintaining its critical metals project at Gerow Lake in Ontario. Rio Silver's strategy appears centered on leveraging what it describes as significant insider, friends and family ownership to pursue acquisition opportunities that could generate near-term cash flow.

The completion of routine corporate matters at the AGM allows Rio Silver to advance its stated acquisition plans, which management suggests could provide non-dilutive growth opportunities. The company's focus on both traditional precious metals exploration in Peru and critical metals in Ontario positions it within two key sectors of current mining industry interest, though specific project developments or results were not detailed in this corporate update.