RIO2 ANNOUNCES CLOSING OF UPSIZED BOUGHT DEAL FOR GROSS PROCEEDS OF C$191 MILLION

NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES For Immediate Release December 15, 2025   VANCOUVER, BC – Rio2 Limited (“Rio2” or the “Company”) (TSX: RIO; OTCQX: RIOFF; BVL: RIO) is pleased to announce the closing of its previously announced and upsized bought deal financing (the “Equity Financing”) of 86,094,750 subscription receipts of the Company (the “Subscription Receipts”), at a price per Subscription Receipt of C$2.22, for aggregate...