Rio Silver Announces Grant of Stock Options

Group 1 - Rio Silver Inc. has granted a total of 2.2 million incentive stock options to its directors, officers, and consultants, with an exercise price of $0.29 [1] - The options have varying exercise periods: 1,060,000 options are exercisable within one year, 60,000 options within two years, and 1,115,000 options within five years from the date of grant [1] - The grant of these options is subject to the approval of the exchange [1] Group 2 - Rio Silver is focused on resource development, specifically in acquiring precious metal assets that are expected to generate near-term cash flow [2] - The company aims to support its exploration and development plans in a non-dilutive and shareholder-friendly manner [2] - The mining policies in Peru are described as supportive, contributing to ongoing investment and growth in the region [2]