Edmonton, Alberta--(Newsfile Corp. - December 15, 2025) - Peruvian Metals Corp. (TSXV: PER) (the "Company" or "Peruvian Metals") announces that, following regulatory approval, the closing of the previously-announced transaction (the "Transaction") with Rio Silver Inc. ("Rio Silver") (TSXV: RYO) to sell 100% of the issued and outstanding common shares of Mamaniña Exploraciones S.A.C. (the "Subsidiary"), a Peruvian corporation, which holds mining rights in the Maria Norte project (the "Maria Norte Property") ...

Core Viewpoint - The acquisition of the Maria Norte Silver-Gold-Lead Project marks a significant step for Rio Silver, positioning the company to capitalize on the surging global demand for silver driven by AI, electronics, and renewable energy markets [1][3]. Company Overview - Rio Silver Inc. has successfully acquired 100% ownership of the Maria Norte Project, located in a prominent silver-producing region in Peru [6]. - The company aims to advance toward production while establishing a broader silver platform in a historically rich mining district [3][6]. Technical Insights - A geological report under NI 43-101 confirms high-grade silver-gold mineralization, with notable samples showing up to 6.26 g/t Au and 991 g/t Ag [4][6]. - The project demonstrates a robust, multi-metallic system with significant potential across multiple veins, supported by historical exploration data [4][6]. Market Context - The global silver market is experiencing a structural deficit, with demand from sectors such as AI infrastructure, data centers, solar power, and electric vehicles outpacing mine supply [5]. - Current silver inventories are at multi-decade lows, indicating a strong market opportunity for silver investments [5]. Strategic Advantages - The Maria Norte Project benefits from existing infrastructure and a low-capex development pathway, with multiple processing facilities located within 11 km [6][13]. - The company has a tight capital structure and insider alignment, enhancing its leverage to exploration success and metal prices [13]. Investment Opportunity - For investors, Rio Silver represents a focused, high-impact silver opportunity with near-term catalysts and a strong geological context [7].

VANCOUVER, British Columbia, Dec. 15, 2025 (GLOBE NEWSWIRE) -- Rio Silver Inc. (TSX-V: RYO | OTC: RYOOF) (“Rio Silver” or the “Company”) is pleased to announce that the TSX Venture Exchange has approved the Company’s 100% acquisition of the Maria Norte Silver-Gold-Lead Project, located in the prolific Huachocolpa Mining District, Huancavelica Province, Peru. Highlights Rio Silver now holds 100% ownership of the high-grade Maria Norte Project in one of Peru’s most storied silver-producing regions.NI 43-101 T ...

Core Viewpoint - Rio Silver Inc. has successfully completed the acquisition of Mamaniña Exploraciones S.A.C. from Peruvian Metals Corp., gaining full ownership of the Maria Norte project in Peru following regulatory approval [1][2]. Transaction Details - The acquisition involved Rio Silver issuing 3,999,999 common shares to Peruvian, which constitutes 9.27% of the company's total issued and outstanding share capital after a recent 5:1 share consolidation [2]. - Rio Silver is obligated to pay a total of US$250,000 to Peruvian through semi-annual payments over five years, starting June 15, 2025. To date, the company has made cash payments totaling CDN$15,000, US$22,500, and US$25,000, leaving US$225,000 remaining [2]. Geological Report - A geological report compliant with National Instrument 43-101 regarding the Maria Norte Property will be filed on SEDAR+ [3].

Vancouver, British Columbia--(Newsfile Corp. - December 12, 2025) - Magma Silver Corp. (TSXV: MGMA) (OTCQB: MAGMF) (FSE: BC21) (WKN: A411DV) (the "Company" or "Magma") announced that its board of directors has approved the grant of a total of 50,000 incentive stock options (the "Stock Options") to certain of its directors, officers, consultants, and employees pursuant to the Company's Stock Option Plan. Such Stock Options are exercisable into Common Shares at an exercise price of $0.27 per share for a peri ...

Core Viewpoint - Rio Silver Inc. has acquired the Santa Rita Pb-Zn-Ag Property in Peru, enhancing its position in a promising silver district and expanding its exploration footprint [1][6][14] Acquisition Details - The Santa Rita property was secured through a closed-bid auction for USD $130,000, granting Rio Plata clear title [3] - The property spans 570 hectares and is located in a mineral-rich area of Central Peru, approximately 200 km ESE of Lima [4][3] Geological Insights - Historical exploration by Inca Minerals identified Santa Rita as a Carbonate Replacement Deposit (CRD) system, with two priority zones: Humaspunco East and Humaspunco South [5] - The area has a history of extensive workings and strong mineralization, particularly in silver, lead, and zinc [5][18] Strategic Importance - The acquisition of Santa Rita is seen as a significant step in establishing Rio Silver as a pure-play silver developer in a prolific mining jurisdiction [6][14] - The project is strategically located near existing silver-lead-zinc operations, enhancing logistical advantages for development [4][12] Next Steps - The company is currently conducting metallurgical testing on samples from the Santa Rita Project and plans to provide updates as the review progresses [2][8] - Preparations for initial onsite work programs are underway, including camp installation and access upgrades [11] Market Context - The acquisition aligns with a period of high silver prices and tightening global supply, positioning the company for potential exploration upside [13][14] - The addition of Santa Rita complements the existing Maria Norte Project, creating synergies and a scalable platform for growth [18][14]

Core Viewpoint - Rio Silver Inc. is positioning itself to become a high-grade silver producer in Peru, leveraging its strategic initiatives and operational preparations at the Maria Norte project, which is located in one of the world's most prolific mineral belts [1][4]. Operational Highlights - A detailed site visit to the Maria Norte project confirmed the scope, sequencing, and logistical requirements for fast-tracking development work upon regulatory approval [2]. - The company is advancing preparations for high-altitude camp construction, portal-access upgrades, and tunnel advancements along known mineralized structures [7]. - Progress is being made on permitting and community agreements, with positive advancements in explosives permitting and stakeholder access agreements [7]. - The company is adopting Peru's exploration/exploitation framework to enable mineral generation while establishing underground drill platforms for resource definition [7]. - Rio Silver is well-funded by a diversified investor base, with Maria Norte strategically located near other mine developments supported by a positive Preliminary Economic Assessment (PEA) [7]. Financial Position - The company currently receives approximately US$150,000 annually in advanced royalty payments, providing a stable revenue baseline [6]. - The sale of the Niñobamba project to Magma Silver Corp. will yield milestone payments exceeding US$2 million and 5 million common shares of Magma Silver, enhancing Rio Silver's financial position [6]. - Rio Silver retains a 2% Net Smelter Return (NSR) royalty on Niñobamba, in addition to a 3% capped NSR royalty from its former Palta Dorada interests [6]. Strategic Interests - Beyond its Peruvian assets, Rio Silver owns a critical-metals project in Ontario's Ring of Fire, identified as having significant subsurface potential based on historical drilling and airborne surveys [7][8]. - The company is evaluating additional silver-dominant targets within trucking distance that may offer district-scale growth potential [7]. Market Positioning - As global silver demand accelerates due to industrial electrification, renewable energy, and precious-metal investment, Rio Silver is positioning itself as a pure-play developer with significant leverage to rising silver markets [9]. - The company is committed to disciplined growth and clear market communication through its partnership with Caram Media, enhancing its alignment with shareholders [10][11].

Core Points - 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 for one year, 60,000 options for two years, and 1,115,000 options for five years, pending exchange approval [1] - The company focuses on acquiring precious metal assets that are expected to generate near-term cash flow, supporting its exploration and development plans in a non-dilutive manner [2] - Rio Silver expresses optimism regarding the mining policies in Peru, highlighting the ongoing investment and growth in the region [2]

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]

Core Points - Rio Silver Inc. has successfully closed a non-brokered private placement, issuing 22,000,000 units at a price of $0.10 per unit, resulting in gross proceeds of $2,200,000 [1][2] Group 1: Offering Details - Each unit consists of one common share and one share purchase warrant, with the warrant exercisable at $0.15 per share for three years, subject to early expiry conditions [2] - The company paid finders' fees totaling $70,920 in cash and issued 709,200 finder's warrants, which have the same terms as the warrants issued in the offering [3] Group 2: Use of Proceeds - The net proceeds from the offering will be allocated towards exploration and development projects in Peru, the Gerow Lake project in Northern Ontario, and general working capital [4] - The company will not use proceeds for the Maria Norte project until it receives approval from the TSX Venture Exchange [4]