RIO2 COMPLETES ACQUISITION OF THE CONDESTABLE MINE

For Immediate Release January 30, 2026 VANCOUVER, BC – Rio2 Limited (“ Rio2 ” or the “ Company ”) (TSX: RIO; OTCQX: RIOFF; BVL: RIO) is pleased to announce the successful acquisition (the “ Acquisition ”) of a 99.1% interest in the Condestable mine (“ Condestable Mine ” or “ Condestable ”) located in Peru. Rio2 acquired the Condestable Mine from Southern Peaks Mining L.P. (“ Southern Peaks ”). Alex Black, Executive Chairman of Rio2, stated: “ The acquisition of the Condestable Mine is the...