Vancouver, British Columbia – September 24, 2025 – Rio Silver Inc. (the “Company” or “Rio Silver”) (TSX.V: RYO) (OTC: RYOOF) is pleased to announce that, further to the Company’s announcement on September 11, 2025 (the “Previous Announcement”) regarding the intended non-brokered private placement offering (the “Offering”) of up to 13,000,000 units (the “Units”) of the Company at a price of $0.10 per Unit for gross proceeds of up to $1,300,000, subject to regulatory approval, the Company now confirms that the aggregate amount of the Offering will be comprised of 22,000,000 Units at a price of $0.10 per Unit, by increasing the initial amount of the Offering of 13,000,000 Units by an additional $900,000 by issuing up to an additional 9,000,000 Units at $0.10 per Unit.

The additional net proceeds are intended to be used for exploration and development of the Company’s Maria Norte Au-Ag-Pb-Zn project in Peru, its existing Gerow Lake project in Northern Ontario and for general working capital purposes. All other terms remain unchanged from the Previous Announcement. The closing of the Offering remains subject to receipt of all necessary regulatory approvals, including approval by the TSX Venture Exchange (the “Exchange”).

ON BEHALF OF THE BOARD OF DIRECTORS OF RIO SILVER INC.

Chris Verrico

Director, President and Chief Executive Officer

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 forward-looking 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.

Vancouver, British Columbia – September 17, 2025-Rio Silver Inc., (the company) further to its news releases dated March 26, 2025, June 25, 2025 and August 12, 2025, announces it has further amended terms of the acquisition from Peruvian Metals Corp. (Peruvian) for the Maria Norte project, located in the District of Huachocopla, Huancavelica, Peru.

Subject to applicable regulatory and other approvals, including that of the exchange, the amended terms of the transaction with Peruvian includes the issuance of  an adjusted number of payment securities to be 9.9% of the Issued capital shares of the company up to but not exceeding four million shares calculated on the date immediately following the completion and closing of a financing announced on September 11, 2025, to be issued to Peruvian and including payment by Rio Silver to Peruvian in the amount of $22,500 (U.S.), paid, along with semi-annual payments of $25,000 (U.S.) in the aggregate amount of $250,000 (U.S.) will remain as option payments. All other prior released terms of the transaction have been eliminated.

In other company business, the board of directors is pleased to announce the issuance to consultants and employees of 1.14 million options to purchase one Rio Silver Inc. common share for a price of $0.125 per share for a period of two years. The issuance of these options is subject to regulatory vesting provisions and subject to approval from the Canadian Securities Exchange.

About Rio Silver

Rio Silver is a resource development company that has been selectively identifying and acquiring precious metal assets that are anticipated to produce near-term cashflow to best assist the Company’s exploration / development plans, in a non-dilutive, shareholder-friendly way. We remain ever impressed and optimistic by the resilience and ingenuity of our host country as Peru continues to endorse supportive mining policies and continued growth, as evident by the continuing investment being witnessed throughout Peru.

ON BEHALF OF THE BOARD OF DIRECTORS OF RIO SILVER INC.

Chris Verrico

Director, President and Chief Executive Officer

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 forward-looking 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.

Vancouver, British Columbia – September 11, 2025 – Rio Silver Inc. (“Rio Silver” or the “Company”) (TSX.V: RYO) (OTC: RYOOF) announces private placement of units. Rio Silver Inc. has arranged a non-brokered private placement financing of up to 13 million units at $0.10 per unit for gross proceeds of up to $1.3-million.

Each unit consists of one common share and one transferable warrant. Each whole warrant is exercisable into one common share at 15 cents per share for three years from closing. If, following the final closing date of the private placement, the company’s common shares close at or above 25 cents on the TSX Venture Exchange (or such other exchange on which the shares may trade) for 15 consecutive trading days, the company may accelerate the warrant expiry date by issuing a news release. The warrants would then expire 30 days from the date of that notice.

The private placements may be closed in one or more tranches subject to conditional approval from the TSX-V.

Subject to compliance with applicable laws and TSX-V approval, the company may pay a finder’s fee or commission of up to 8 per cent and issue 8% brokers warrants to persons who assist in the introduction of investors to the company, which without limiting the foregoing may include cash, common shares and warrants, or a combination thereof.

The gross proceeds from the issue and sale of the units, excluding warrant proceeds, will be used for exploration and development of the company’s projects in Peru and for general working capital purposes.

About Rio Silver

Rio Silver is a resource development company that has been selectively identifying and acquiring precious metal assets that are anticipated to produce near term cashflow to best assist the Company’s exploration / development plans, in a non-dilutive, shareholder-friendly way. We remain ever impressed and optimistic by the resilience and ingenuity of our host country as Peru continues to endorse supportive mining policies and continued growth, as evident by the continuing investment being witnessed throughout Peru.

ON BEHALF OF THE BOARD OF DIRECTORS OF RIO SILVER INC.

Chris Verrico

Director, President and Chief Executive Officer

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 forward-looking 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.

RIO SILVER AMENDS MARIA NORTE TERMS

Vancouver, British Columbia – August 12, 2025 – Rio Silver Inc. (“Rio Silver” or the “Company”) (TSX.V: RYO) (OTC: RYOOF) announces that, further to the announcements on March 26 and June 25, 2025 (collectively, the “Prior Announcements”), it has amended terms of the acquisition (the “Transaction”) from Peruvian Metals Corp. (“Peruvian”) of the Maria Norte Project (the “Property”) located in the District of Huachocopla, Huancavelica Peru.

Subject to applicable regulatory and other approvals including that of the Exchange, the amended terms of the Transaction with Peruvian include: (1) the elimination of the net smelter royalty to Peruvian; (2) the adjusted number of payment securities to be issued to Peruvian, which are now 3,000,000 shares of Rio Silver and 1,000,000 share purchase warrants of Rio Silver (on account of the recent 5:1 consolidation of the shares of Rio Silver, completed on July 3, 2025), with each share purchase warrant exercisable at $0.15 per share for a period of two years from the date of Exchange approval; and (3) payment by Rio Silver to Peruvian in the amount of US$22,500, with all other terms of the Transaction remaining unchanged. For further clarity, the semiannual payments of US$25,000 to Peruvian in the aggregate amount of US$250,000 will remain as “Option Payments”, given the elimination of the net smelter royalty.

About Rio Silver

Rio Silver is a resource development company that has been selectively identifying and acquiring precious metal assets that are anticipated to produce near-term cashflow to best assist the Company’s exploration / development plans, in a non-dilutive, shareholder-friendly way. We remain ever impressed and optimistic by the resilience and ingenuity of our host country as Peru continues to endorse supportive mining policies and continued growth, as evident by the continuing investment being witnessed throughout Peru.

ON BEHALF OF THE BOARD OF DIRECTORS OF RIO SILVER INC.

Chris Verrico

Director, President and Chief Executive Officer

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 forward-looking 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.

Rio Silver to Complete 5:1 Consolidation

Vancouver, British Columbia – June 27, 2025 – Rio Silver Inc. (the “Company” or “Rio Silver”) (TSX.V: RYO) (OTC: RYOOF) announces that, further to the announcement on May 1, 2025, it will consolidate (the “Consolidation”) its common shares on the basis of five pre-Consolidation common shares for one post-Consolidation share.

The Company expects that the TSX Venture Exchange (the “Exchange”) will issue a bulletin in short order, confirming that the Company’s common shares will then commence trading on a post-Consolidation basis effective on or about the opening of trading on Thursday, July 3, 2025.  There will be no change to the Company’s name or trading symbol.  The new CUSIP and ISIN numbers for the post-Consolidation shares are 76721A113 and CA76721A1131, respectively.

No fractional common shares will be issued, and fractions of less than one-half of a common share will be cancelled and fractions of at least one-half of a common share will be converted to a whole common share.  Outstanding options, warrants and other convertible securities will likewise be adjusted for the Consolidation, with the number of underlying common shares and exercise prices being adjusted accordingly.

The Company currently has 84,832,845 common shares issued and outstanding, and immediately following the Consolidation the Company expects to have, subject to rounding adjustment, approximately 16,966,572 common shares issued and outstanding, none of which are subject to escrow.

Letters of Transmittal will be mailed shortly to registered shareholders who hold share certificates, with instructions for the exchange of existing share certificates for new share certificates.  Shareholders holding uncertificated shares (such as BEO, NCI and DRS positions) will have their holdings adjusted electronically by the Company’s transfer agent and need not take any further action to exchange their pre-Consolidation shares for post-Consolidation shares.

The Company expects that the Consolidation will provide the Company with increased flexibility in structuring and completing financings and potential business transactions. Shareholder approval for the Consolidation was received at the Company’s Annual General and Special Meeting of Shareholders held on June 12, 2025, as previously announced on June 25, 2025.

ON BEHALF OF THE BOARD OF DIRECTORS OF RIO SILVER INC.

Chris Verrico

Director, President and Chief Executive Officer

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 forward-looking 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.

Vancouver, British Columbia – June 25th, 2025 – Rio Silver Inc. (“Rio Silver” or the “Company”) (TSX.V: RYO) (OTC: RYOOF), announces shareholder approval for all matters at the AGM.

All resolutions presented at Rio Silver’s annual general held on Thursday, June 19, 2025, including the election of directors, the ratification of the appointment of its auditor for the year ended December 31, 2024, the reappointment of its current auditor, the reapproval of the company’s equity incentive plan and the approval for a share consolidation on a one-new-for-5-old basis. The name of the company has not been changed.

Additionally, the Company has amended its purchase agreement for the Maria Norte mining property and eliminated the royalty provisions in exchange for a one-time cash payment of US$ 22,500.00. The board of directors believes that the consolidation was necessary to better position the company for future corporate development opportunities and financing transactions.

Rio Silver chief executive officer Chris Verrico stated:

“Rio Silver is advancing its mandate for sustainability with the purchase of Maria Norte which is directly adjacent to and on trend with active mine production with demonstrated world-class silver potential. We believe that this share consolidation and advancement toward production will be aided by the company’s other royalty streams and is well supported by Peru’s unique small mines permitting regime, which can accelerate the initial development.

We remain ever impressed and optimistic by the resilience and ingenuity of our host country as Peru continues to endorse supportive mining policies and continued growth, as is currently evident by the tremendous investment being witnessed throughout Peru”.

About Rio Silver Inc.

Rio Silver is a Canadian exploration and development company with an large 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.

Christopher Verrico

Director, President and Chief Executive Officer

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 forward-looking 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.

Rio Silver Receives Conditional Approval for Acquisition of Mamaniña Exploraciones S.A.C.

Vancouver, British Columbia – May 16, 2025 – Rio Silver Inc. (the “Company”) (TSX.V: RYO) (OTC: RYOOF) announces that, further to its announcement on March 26, 2025, it has received from the TSX Venture Exchange (the “Exchange”) conditional acceptance (the “Conditional Approval”) of the proposed transaction (the “Transaction”) with Peruvian Metals Corp. for the acquisition of Mamaniña Exploraciones S.A.C.

The Company is working to satisfy the remaining conditions outlined in the Conditional Approval and will be making further announcements in respect thereof including without limitation the geological report prepared in accordance with National Instrument 43-101 and other items.  The Transaction remains subject to the Exchange’s final acceptance.

There can be no assurances that the conditions under the Conditional Approval will be satisfied or that the Transaction will be completed as proposed or at all.

ON BEHALF OF THE BOARD OF DIRECTORS OF RIO SILVER INC.

Chris Verrico

Director, President and Chief Executive Officer

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 forward-looking 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.

Rio Silver completes Definitive Agreement for the sale of Ninobamba, announces planned restructuring.

Vancouver, British Columbia – May 1, 2025 – Rio Silver Inc. (“Rio Silver” or the “Company”) (TSX.V: RYO) (OTC: RYOOF), announces that it has completed a definitive agreement (the “Option Agreement”) with Magma Silver Corp. (TSX.V: MGMA) (“Magma Silver”) for the sale (the “Transaction”) of the Niñobamba Au-Ag property (“Niñobamba” or the “Project”).

Under the terms of the Option Agreement, Magma Silver has the right to earn a 100% interest in the Project upon full exercise of the option. The Option Agreement requires Magma Silver to make payments of an aggregate CAD$260,000, of which CAD$160,000 of that amount has been paid. Magma Silver will make further milestone payments of up to US$2,000,000, US$500,000 of which will constitute advanced royalty payments and will be paid over the next five years, deductible from the net smelter return royalty of 2% granted to Rio Silver. Magma Silver retains the right to buy back 1% of the NSR for US$1,000,000 at any time prior to commercial production on the Project. The Option Agreement also requires Magma Silver to issue to Rio Silver a total of 2,500,000 common shares of Magma Silver upon receipt of regulatory approval, and a further 2,500,000 common shares on the first anniversary of the approval date.

Rio Silver also announces its intention to consolidate (the “Consolidation”) its common shares on a one-new-for-five-old basis subject to regulatory approval.

Upon completion of the Consolidation, it is intended that the 99,832,844 common shares of Rio Silver currently issued and outstanding will be reduced to approximately 19,966,569 common shares. No fractional shares will be issued under the Consolidation. Each fractional share following the Consolidation that is less than one-half of a share will be cancelled, and each fractional share that is at least one-half of a share will be rounded up to the nearest whole share. As applicable, the exercise or conversion price and the number of shares issuable under any of the company’s outstanding stock options and convertible instruments will be proportionately adjusted upon the completion of the Consolidation. A letter of transmittal will be sent to registered shareholders providing instructions to surrender the certificates evidencing their shares for replacement certificates representing the number of post-Consolidation shares to which they are entitled as a result of the Consolidation. Until surrendered, each certificate representing shares prior to the Consolidation will be deemed, for all purposes, to represent the number of shares to which the holder thereof is entitled as a result of the Consolidation.

The Consolidation remains subject to the acceptance of the TSX Venture Exchange (the “Exchange”), and the pre-consolidated shares will continue to be traded on the Exchange under the current trading symbol RYO. Upon acceptance by the Exchange, the Company’s trading symbol will remain the same, but the CUSIP number and international securities identification number will change upon the completion of the Consolidation.

This Transaction and Consolidation will allows the Company to focus on the express development of its newly-acquired Maria Norte high grade silver exploration / exploitation project in the dynamic Huachacolpa Mining district, south central Peru where recent M&A activity is changing the investment landscape.

About Rio Silver Inc.

Rio Silver is a Canadian exploration and development company with an large 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.

Christopher Verrico

Director, President and Chief Executive Officer

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 forward-looking 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.

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

Rio Silver Acquires the Minas Maria Norte Project in a Prolific Mining District in Southern Peru

Vancouver, British Columbia – March 26th , 2025 – Rio Silver Inc. (“Rio Silver” or the “Company”)
(TSX.V: RYO) (OTC: RYOOF) announces that it has signed a definitive agreement for the acquisition of
the Minas Maria Norte (“Maria Norte” or the “Property”) high grade polymetallic silver, exploitation
/ exploitation property, from Peruvian Metals Corp. (“Peruvian”) (TSX-V PER) being subject to
regulatory approval.
The Property is located in Southern Peru in the historic Huachocolpa Mining District, Municipality of
Huancavelica. The Property has been held by Peruvian for the past 18 years adjacent to significant
silver production with announced world class expansion plans. Previous exploration campaigns by
Peruvian shows that the property hosts many polymetallic veins with significant gold credits. Located
in the heart of the prolific Huachocolpa Silver District, environmentally friendly hydro power, good
infrastructure, labor and logistical support is available.
Two significant mineral processing flotation plants operate nearby: Compañia Minera Kolpa plant at
1440 tonnes per day and SilverX Mining’s (“SilverX”) plant called Recuperada at 720 tonnes per day
These plants are located 8 km and 13 Km respectively from Maria Norte. In addition, SilverX’s Tangana
Mining Unit which is part of their Nueva Recuperada project is currently in production and is located
2.5 km to the southwest of Maria Norte. It appears that the sub-parallel mineralized structures on
Maria Norte are similar to the mineralized structures on the Tangana Mining Unit. SilverX completed
a Preliminary Economic Assessment of the area and is published on Sedarplus in April 2023.
The Maria Norte property is 368 hectares in size covering numerous, Au-Ag-Zn-Pb veins that display
evidence of historic artisanal exploitation. Five gold-bearing polymetallic structures were mapped by
the Company’s geologists and remain open along strike. The lengths of the structures as currently
mapped are 40 to 400 meters with variable widths from 0.15 to 4 meters and occur in a vein corridor
nearly 600 meters wide
The main structure at Maria Norte, the Castorindo Zone, has provided the highest-grade gold values
from within the land package, having five samples ranging in width from 0.18 to 0.70 meters and
assaying 13.5 to 40.3 grams per tonne gold along with 162.9 to 1,128 grams per tonne silver. Highgrade
silver (1,848 grams per tonne) was also encountered at the Jess structure on a sample 0.3
meter in width. Other veins not yet mapped include five samples with widths of 0.2 to 0.7 meters with
gold values ranging from 0.89 to 1.55 grams per tonne, silver values ranging from 82.8 to 682 grams
per tonne, and up to 4.3 per cent zinc and 9.7 per cent lead.
Also included in the acquisition is a small, isolated concession covering 33 hectares south of Maria
Norte main concession block. Sampling and mapping by Peruvian’s geologists identified a
mineralized structured believed to be a small portion of the principal vein structure known as
Tangana West, a component of the SilverX Mining Corp.’s Nueva Recuperada Project, Huancavelica.

Acquisition Terms
Rio Silver will acquire from Peruvian its wholly own Peruvian subsidiary which holds the concessions.
Consideration includes a cash downpayment of $15,000 CDN and the issuance of 15 million Rio
Silver common shares and 5 million warrants. The warrants will have a strike price of CAD $0.05 per
share and an exercise period of 2 years. Cash payments totaling US$250,000 will be also payable
over a 5 year period. A net smelter royalty will be granted Peruvian in an amount equal to 1.5%, after
subtracting the Minimum Royalty Payments semi-annually.
Rio Silver CEO Chris Verrico stated, “We are very excited for the potential of Maria Norte to drive
shareholder value enabling the Company to re-direct its focus to the pursuit of near term cash flow
potential and the prospect of significant organic growth, strategically made possible in the very
important Huachocolpa Mining District.
Maria Norte is directly adjacent to and on trend with active mine production with demonstrated world
class silver potential that speaks volumes for the Company’s expectations for advancement towards
sustainability.
We believe that this acquisition and it’s potential development will be aided by the Company’s other
royalty streams and is well supported by Peru’s unique small mines permitting regime which can
accelerate the initial development. We remain ever impressed and optimistic by the resilience and
ingenuity of our host country as Peru continues to endorse supportive mining policies and continued
growth, as is currently evident by the tremendous investment being witnessed, throughout Peru.”

About Rio Silver
Rio Silver is a resource company that has been selectively identifying and acquiring precious metal
assets that are anticipated to produce near term cashflow to best assist the Company’s exploration
/ development plans, in a non-dilutive, shareholder friendly way.
Je????rey Reeder, P.Geo., a qualified person as defined in National Instrument 43-101, has supervised
the preparation, and approved the scientific and technical disclosure contained in this news release.

ON BEHALF OF THE BOARD OF DIRECTORS OF RIO SILVER INC.
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 di????er materially from those in forwardlooking
statements. Factors that could cause actual results to di????er materially from those in forward-looking statements
include market prices, exploitation and exploration successes, the completion of the Acquisition, 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.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies
of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.