Rio2 Limited Secures Funding for Fenix Gold

Rio2 Limited (TSE:RIO) has released an update.

Rio2 Limited has successfully completed a C$63 million public offering and a C$5 million private placement, securing funding for its Fenix Gold project. The total financing package, including a prior agreement with Wheaton Precious Metals, amounts to approximately US$170 million. The funds will be used for the construction and development of the project.

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