Group 1 - Rio Silver Inc. has settled $293,250 of indebtedness through the issuance of 1,396,428 common shares at a deemed price of $0.21 per share and 420,238 common share purchase warrants at a price of $0.28 per share until December 31, 2028 [1] - Of the total shares issued, 976,190 were allocated to non-arm's length creditors, while none of the warrants were issued to such creditors [1] - The completion of this securities for debt transaction is expected to improve the company's current working capital deficiency position [1] Group 2 - Rio Silver Inc. is a Canadian resource company focused on advancing high-grade, silver-dominant assets in Peru, which is the world's second-largest silver producer [2] - The company aims to develop near-term opportunities within proven mineral belts and is supported by a team with extensive experience in Peruvian geology and underground mining [2] - With a clear development strategy and a growing portfolio of silver assets, Rio Silver is positioning itself to become one of Peru's next emerging silver producers [2]