04:22:34 EDT Sun 02 Apr 2023
Enter Symbol
or Name

Rio Silver Inc (2)
Symbol RYO
Shares Issued 74,444,844
Close 2022-12-05 C$ 0.025
Recent Sedar Documents

Rio Silver $225,250 debenture private placement

2022-12-06 20:14 ET - Private Placement - Debenture

The TSX Venture Exchange has accepted for filing documentation with respect to a non-brokered private placement announced Nov. 1, 2022.

Convertible debenture:  $225,250

Conversion price:  convertible into shares at five cents of principal outstanding in year 1 and at 10 cents in year 2

Maturity date:  Dec. 1, 2024

Interest rate:  18 per cent per annum

Number of placees:  three placees

Total existing insider involvement:  $100,000 (one insider)

Total pro group involvement:  $20,000 (one pro group)

The company issued a news release on Dec. 5, 2022, confirming the closing of the private placement.

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