
RIO SILVER PIVOTS TO HIGH-GRADE SILVER EXPLORATION / EXPLOITATION – ANNOUNCES
EXECUTIVE CHANGES
Vancouver, British Columbia – April 1, 2025 – Rio Silver Inc. (“Rio Silver” or the “Company”) (TSX.V:
RYO) (OTC: RYOOF) announces that it has appointed Eric H. Hinton, P.Eng., FCIM, to the Advisory
Board.
Eric H. Hinton, P.Eng., FCIM, has degrees from Haileybury School of Mines, Queen’s University and
Laurentian University and is a registered professional engineer in Ontario and Manitoba. Eric is a
Fellow of the Canadian Institute of Mining, Metallurgy and Petroleum and is also designated as a
Qualified Person in underground mining from the Mining and Metallurgical Society of America in
addition to a qualified person for National Instrument 43-101. Eric’s experience in small scale
mining operations (from 50 to 500 tonnes per day) led him to acquire Basic Minerals SAC in Peru to
launch the Mercedes Project which will become a 25000 tonne per annum polymetallic producer.
His expertise will enable Rio Silver to pursue projects similar to Mercedes, such as the recently
acquired Maria Norte project in Peru, with the potential to generate positive cash flow in the short
term. Mr. Hinton’s assistance managing the development of the recently acquired Maria Norte highgrade
polymetallic silver, exploitation / exploitation property will bolster the company’s mandate for
future sustainability.
The Company also announces that Christopher Hopton has joined the Board of Directors. Mr.
Hopton has been serving as the Company’s CFO since 2019. He is a seasoned financial
management professional with 25 years of experience leading the financial operations of resource
and biotech companies across Canada and South America. As a trusted professional in business
investment and finance, Mr. Hopton has supported numerous public and private companies. He
previously held the role of CFO at Central Resources Corp., a junior mineral exploration company.
Mr. Hopton also played a key role in the successful restructuring of 360 Networks, a network
communications firm, culminating in a strategic buyout by Bell Canada.
Mr. Hopton holds a Bachelor of Business Administration degree and is a Certified Professional
Accountant (CPA).
In addition, the Company announces the resignation of Edward J Badida from the Board of
Directors. The Board would like to thank Mr. Badida for his many contributions on behalf of the
Company’s shareholders over his tenure with the Company. Edward has served as CFO as well as
his long-standing Board Directorship. Ed’s vast CPA experiences as a financial pilot for Junior
Resource companies aided Rio Silver in its strategies at its many projects in Canada and Peru. We
owe Ed our gratitude for his loyal and professional outlook protecting shareholder value. The Board
has greatly valued Ed’s positive demeanor and sense of humor in our gatherings.
Company President Chris Verrico stated, “We are overjoyed and feel privileged with the high caliber
of experience and insight Eric Hinton brings to the table. Having a lifetime of engineering robust and
modern solutions for the underground mining industry Eric will bolster the company’s drive towards
profitability.
We also are very pleased to have Chris Hopton step up to the Board Level and continue to provide
and apply his astute guidance and perspective knowledge as we navigate through a period of both
challenging times and tremendous opportunity. Both these gentlemen are team players
contributing to the generation of both shareholder and stakeholder value through hard work and
discipline. These are truly exciting times.”
We also want to take this opportunity to extend our heartfelt thanks to Ed Badida for his many years
of guidance and insight and wish him only the very best for his long-deserved retirement away from
the day-to-day issues of operating a junior mining enterprise.
ON BEHALF THE BOARD OF DIRECTORS OF RIO SILVER INC.
About Rio Silver Inc
Rio Silver is a Canadian exploration and development company with an oversized per cent of
insider, friends and family ownership, focused on Peru. Rio Silver continues to review precious and
base metal properties in Peru while maintaining its interest in its Ontario Gerow Lake, critical
metals project. This transaction enables the Company to complete certain planned acquisitions
that bring significant potential for near-term, cash flowing, production allowing the company to
leverage other similar opportunities, going forward, in a non-dilutive shareholder friendly way.
ON BEHALF OF THE BOARD OF DIRECTORS OF RIO SILVER INC.
“Chris”
Christopher Verrico
Director, President and Chief Executive O????icer
Neither the TSX Venture Exchange nor its Regulation Services Provider accepts responsibility for the
adequacy or accuracy of this release.
For further information,
Christopher Verrico, President, CEO
Tel: (604) 762-4448
Email: chris.verrico@riosilverinc.com
Website: www.riosilverinc.com
This news release includes forward-looking statements that are subject to risks and uncertainties. All statements within,
other than statements of historical fact, are to be considered forward looking. Although the Company believes the
expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are
not guarantees of future performance and actual results or developments may differ materially from those in forwardlooking
statements. Factors that could cause actual results to differ materially from those in forward-looking statements
include market prices, exploitation and exploration successes, continued availability of capital and financing, and
general economic, market or business conditions. There can be no assurances that such statements will prove accurate
and, therefore, readers are advised to rely on their own evaluation of such uncertainties. We do not assume any
obligation to update any forward-looking statements except as required by applicable laws