Core Viewpoint - Rio Silver Inc. has amended the terms of its acquisition of the Maria Norte Project from Peruvian Metals Corp, eliminating the net smelter royalty and adjusting payment securities [1][2]. Group 1: Transaction Details - The amended terms include the elimination of the net smelter royalty to Peruvian Metals Corp [2]. - Rio Silver will issue 3,000,000 shares and 1,000,000 share purchase warrants to Peruvian, with warrants exercisable at $0.15 per share for two years post-approval [2]. - Rio Silver will make a payment of $22,500 to Peruvian, while maintaining semiannual "Option Payments" of $25,000 totaling $250,000 [2]. Group 2: Company Overview - Rio Silver is focused on acquiring precious metal assets that can generate near-term cash flow to support its exploration and development plans [3]. - The company expresses optimism regarding Peru's supportive mining policies and ongoing investment in the region [3].