Rio2 Announces 2022 AGM Results

2022-12-15 06:42:38

VANCOUVER, British Columbia, Dec. 15, 2022 (GLOBE NEWSWIRE) —  Rio2 Limited (“Rio2” or the “Company”) (TSXV: RIO; OTCQX: RIOFF; BVL: RIO) announces the results of voting at its Annual and Special General Meeting of Shareholders (the “Meeting”) held on Wednesday, December 14, 2022. A total of 138,787,771 common shares were voted, representing 53.90% of 257,510,649 shares issued and outstanding as of the record date of the meeting.

Shareholders voted in favor of all items put forward by the board of directors and management. All six of the individuals nominated for the board of directors were elected as set out below:

Klaus Zeitler 100,040,770 88.00% 13,644,599 12.00%
Alex Black 112,682,234 99.12% 1,003,135 0.88%
Ram Ramachandran 112,650,134 99.09% 1,035,235 0.91%
Albrecht Schneider 112,645,634 99.09% 1,039,735 0.91%
Sidney Robinson 112,740,134 99.17% 945,235 0.83%
Drago Kisic 112,670,134 99.11% 1,015,235 0.89%

Shareholders also voted in favor of (i) reappointing Grant Thornton LLP as Company auditors for the ensuing year and authorizing directors to fix their remuneration; and (ii) approving and ratifying the 2018 Rio2 Stock Option Plan.

The Company also wishes to announce that, following the Meeting, the Company’s board of directors, properly ratified by shareholders, appointed Mr. Andrew Cox, President & CEO, as a director. As a result of this appointment Rio2’s board of directors is comprised of seven members.


Rio2 is a mining company with a focus on development and mining operations with a team that has proven technical skills as well as successful capital markets track record. Rio2 is focused on taking its Fenix Gold Project in Chile to production in the shortest possible timeframe based on a staged development strategy. Rio2 and its wholly owned subsidiary, Fenix Gold Limitada, are companies with the highest environmental standards and responsibility with the firm conviction that it is possible to develop mining projects that respect the three axes (Social, Environment, Economics) of sustainable development. As related companies, we reaffirm our commitment to apply environmental standards beyond those that are mandated by regulators, seeking to protect and preserve the environment of the territories that we operate in.

To learn more about Rio2 Limited, please visit or Rio2’s SEDAR profile at


Alex Black
Executive Chairman
Email: This email address is being protected from spambots. You need JavaScript enabled to view it.
Tel: +51 99279 4655

Kathryn Johnson
Executive Vice President, CFO & Corporate Secretary
Email: This email address is being protected from spambots. You need JavaScript enabled to view it.
Tel: +1 604 762 4720

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts the responsibility for the adequacy or accuracy of this release.

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