Rio2 Announces Participation in Royal Road's Private Placement

Core Viewpoint - Rio2 Limited has participated in a private placement of Royal Road Minerals Limited, acquiring 4,166,667 shares at $0.18 per share, totaling $750,000, which increases its ownership stake in Royal Road to approximately 15% [1][3]. Group 1: Investment Details - The private placement closed on November 27, 2025, with Rio2 purchasing shares to maintain its pro rata ownership in Royal Road [1][2]. - Following the placement, Rio2's total beneficial ownership in Royal Road is now 44,021,667 shares, representing about 15% of the issued shares on a non-diluted basis [3]. - Prior to this transaction, Rio2 held 39,855,000 shares, also representing approximately 15% of Royal Road's issued shares [3]. Group 2: Future Intentions - Rio2 acquired these shares for investment purposes and may acquire additional shares or dispose of its holdings in Royal Road in the future, subject to the Investor Rights Agreement [4]. Group 3: Company Overview - Rio2 Limited is focused on mining operations and development, particularly the Fenix Gold Project in Chile, emphasizing environmental responsibility and sustainable practices [6].