Rio2 Limited Lists Its Shares on the Lima Stock Exchange
TSX VENTURE: RIO
TORONTO, Sept. 07, 2018 (GLOBE NEWSWIRE) -- Rio2 Limited (“Rio2”) (TSX-V:RIO; BVL:RIO) ("Rio2"or the “Company") announces that the Company's common shares have been listed for trading on the Bolsa de Valores de Lima ("BVL") as of the opening of trading on September 7, 2018 under the ticker symbol “RIO”. Kallpa Securities S.A.B. in Lima, Peru acted as Rio2’s sponsoring broker for the BVL listing.
Alex Black, President and CEO of Rio2 comments, “We are pleased to list our shares on the Lima Stock Exchange as we advance the development of our Cerro Maricunga Project in Chile. Listing on the Lima Stock Exchange is part of the Company’s strategy of providing Latin American investors with the possibility to invest within Latin America and participate in the Company’s growth with projects in the region.”
The BVL listing follows the CAD 10 million bought deal financing that Rio2 completed on May 31, 2018. A portion of the financing was placed with sophisticated investors in Peru by Kallpa Securities S.A.B.
The BVL was founded in 1860 and has nearly 280 listed companies that represent approximately a market capitalization of US $165 billion. The BVL is the most active mining stock exchange in Latin America. In addition to the Peruvian and international mining companies listed on the BVL, there are 5 dual-listed TSX/BVL mining companies and 10 dual-listed TSX-V/BVL mining companies. The BVL is also a participant of the Mercado Integrado Latinoamericano (“MILA”). Through MILA, the companies listed on the BVL have a higher international exposure, due to the integration with equity markets in Colombia, Chile and Mexico.
ABOUT RIO2 LIMITED
Rio2 Limited is building a multi-asset, multi-jurisdiction, precious metals company focused in the Americas. With the Cerro Maricunga Gold Project in development in Chile and exploration platforms in Peru and Central America, Rio2 Limited will continue pursuing additional strategic acquisitions to compile an attractive portfolio of precious metals assets where it can deploy its operational excellence and responsible mining practices to create value for its shareholders. Rio2 Limited has assembled a highly experienced executive team to generate significant shareholder value, with proven technical skills in the development and operations of mines and capital markets experience. Through the strategy of acquiring precious metals assets at exploration, development, and operating stages, the executive team will grow Rio2 Limited and create long-term shareholder value through the development of high-margin, strong free-cash-flowing mining operations.
For more information about Rio2 Limited, please contact:
President and Chief Executive Officer
Canada: (416) 570 3155
Peru: (51) 992 794 655
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.