Pursuant to the annual general meeting and special resolution of the company passed by shareholders on June 12, 2025, the company has consolidated its capital on a one-new-for-five-old basis. The name of the company has not been changed.

Effective at the opening on Thursday, July 3, 2025, the common shares of Rio Silver Inc. will commence trading on the TSX Venture Exchange on a consolidated basis. The company is classified as a mineral exploration/development company.

Postconsolidation

Capitalization:  unlimited shares with no par value, of which 16,966,572 shares are issued and outstanding

Escrow:  zero shares subject to escrow

Transfer agent:  Computershare Trust Company of Canada

Trading symbol:  RYO (unchanged)

Cusip No.:  76721A 11 3 (new)