Mr. Christopher Verrico reports

RIO SILVER ANNOUNCES RESULTS OF ANNUAL GENERAL MEETING

Rio Silver Inc. has received shareholder approval for all matters at the annual general meeting.

All resolutions presented at Rio Silver's annual general held on Friday, June 12, 2026, including the election of directors, the ratification of the appointment of its auditor for the year ended Dec. 31, 2025, the reappointment of its current auditor and the approval of the company's security-based compensation plan.

A total of 13,099,198 common shares or 22.24 per cent of Rio Silver's issued and outstanding common shares at the record date were represented in person or by proxy at the AGM.

About Rio Silver Inc.

Rio Silver is a Canadian exploration and development company with a large percentage of insider, friends and family ownership, focused on Peru. Rio Silver continues to review precious and base metal properties in Peru while maintaining its interest in its Ontario Gerow Lake critical metal project. This transaction enables the company to complete certain planned acquisitions that bring significant potential for near-term, cash-flowing production allowing the company to leverage other similar opportunities, going forward, in a non-dilutive shareholder friendly way.

We seek Safe Harbor.