Rio Silver Closes the Acquisition of the Maria Norte Ag-Au-Pb-Zn Property in Central Peru

This section is Partnership Content suppliedThe content in this section is supplied by GlobeNewswire for the purposes of distributing press releases on behalf of its clients. Postmedia has not reviewed the content. by GlobeNewswire Article contentVANCOUVER, British Columbia, Dec. 12, 2025 (GLOBE NEWSWIRE) — Rio Silver Inc. (the “Company” or “Rio Silver”) (TSX.V: RYO) (OTC: RYOOF) announces that, following regulatory approval, the closing of the previously-announced transaction (the “Transaction”) with Peruvian Metals Corp. (“Peruvian”) to acquire 100% of the issued and outstanding common shares of Mamaniña Exploraciones S.A.C. (the “Subsidiary”), a Peruvian corporation, which holds mining rights in the Maria Norte project (the “Maria Norte Property”) located in Peru. The details and the terms of the Transaction are summarized in the Company’s previous press releases on March 26, June 25 and September 17, 2025.Sign In or Create an AccountEmail AddressContinueor View more offersArticle contentArticle contentPursuant to the terms of the Transaction, on closing, Rio Silver has acquired from Peruvian 100% of the issued and outstanding common shares of the Subsidiary. In consideration, Rio Silver issued to Peruvian 3,999,999 common shares of the Company, representing 9.27 of the Company’s issued and outstanding share capital (accounting for the recent 5:1 share consolidation completed on July 3, 2025), and, in addition, under the terms of the Transaction, the Company is required to pay an aggregate of US$250,000 by making semi-annual payments to Peruvian over a period of five years commencing on June 15, 2025. To date, the Company has made the following cash payments (i) CDN$15,000 upon signing; (ii) US$22,500 upon an amendment; and (ii) US$25,000 option payment on June 15, 2025, resulting in US$225,000 payable in remaining option payments.Article contentWe apologize, but this video has failed to load.Try refreshing your browser, ortap here to see other videos from our team.Article contentTop StoriesGet the latest headlines, breaking news and columns.There was an error, please provide a valid email address.Sign UpBy signing up you consent to receive the above newsletter from Postmedia Network Inc.Thanks for signing up!A welcome email is on its way. If you don't see it, please check your junk folder.The next issue of Top Stories will soon be in your inbox.We encountered an issue signing you up. Please try againInterested in more newsletters? Browse here.Article contentA geological report prepared in accordance with National Instrument 43-101 in respect of the Maria Norte Property will be filed at the Company’s profile on SEDAR+.Article contentON BEHALF OF THE BOARD OF DIRECTORS OF RIO SILVER INC.Article contentChris VerricoDirector, President and Chief Executive OfficerNeither the TSX Venture Exchange nor its Regulation Services Provider accepts responsibility for the adequacy or accuracy of this release.Article contentArticle contentFor further information,Article contentChristopher Verrico, President, CEOTel: (604) 762-4448Email: chris.verrico@riosilverinc.comWebsite: www.riosilverinc.comArticle contentThis news release includes forward-looking statements that are subject to risks and uncertainties. All statements within, other than statements of historical fact, are to be considered forward looking. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those in forward-looking statements. Factors that could cause actual results to differ materially from those in forward-looking statements include market prices, exploitation and exploration successes, continued availability of capital and financing, and general economic, market or business conditions. There can be no assurances that such statements will prove accurate and, therefore, readers are advised to rely on their own evaluation of such uncertainties. We do not assume any obligation to update any forward-looking statements except as required by applicable laws.Article contentArticle contentArticle contentArticle contentArticle contentArticle contentTrending 'Why let one person in the States change your life?' 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For Canadian snowbirds, the stay or go dilemma gets complicated Real Estate Canada's Air Force buys six Bombardier jets for $753 million News Trump’s tariff revenues fell for the first time since February News Howard Levitt: Why remote workers keep winning in employment law disputes Work CRA penalized taxpayer for repeated failure to report income Personal Finance