Rio Silver to Complete 5:1 Consolidation

Core Viewpoint - Rio Silver Inc. is consolidating its common shares on a basis of five pre-Consolidation shares for one post-Consolidation share, effective July 3, 2025 [1][2][6] Share Consolidation Details - The TSX Venture Exchange will confirm the commencement of trading on a post-Consolidation basis on July 3, 2025, with no change to the company's name or trading symbol [2] - The new CUSIP and ISIN numbers for the post-Consolidation shares are 76721A113 and CA76721A1131, respectively [2] - No fractional common shares will be issued; fractions less than one-half will be canceled, while fractions of at least one-half will be converted to whole shares [3] Share Structure Post-Consolidation - The company currently has 84,832,845 common shares outstanding, which will reduce to approximately 16,966,572 shares post-Consolidation [4] - None of the post-Consolidation shares will be subject to escrow [4] Shareholder Communication - Letters of Transmittal will be sent to registered shareholders for the exchange of existing share certificates for new ones [5] - Shareholders with uncertificated shares will have their holdings adjusted electronically without further action required [5] Strategic Implications - The Consolidation is expected to provide the company with increased flexibility in structuring and completing financings and potential business transactions [6] - Shareholder approval for the Consolidation was received at the Annual General and Special Meeting held on June 12, 2025 [6]