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Rio Silver Inc. 
Listed Company 

RIO SILVER INC. ("RYO")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: May 14, 2020
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced Apr 27, 2020:

Number of Shares: 6,400,000 shares

Purchase Price: $0.025 per share

Warrants: 6,400,000 share purchase warrants to purchase 6,400,000 shares

Warrant Initial Exercise Price: $0.08

Warrant Term to Expiry: 2 Years

Number of Placees: 9 Placees

Insider / Pro Group Participation:
Insider=Y /
Name Pro-Group=P # of Shares
Christopher Verrico Y 2,000,000

Finder's Fee:
Maxence Godbout $2,000.00 cash; 40,000 warrants

Finder Warrant Initial Exercise Price: $0.08

Finder Warrant Term to Expiry: 2 year - same as other warrants

Note that in certain circumstances the Exchange may later extend the expiry date of the warrants, if they are less than the maximum permitted term.

The above information is a summary only. Neither TMX Group Limited nor any of its affiliated companies guarantee the accuracy or completeness of the information contained in this document. Readers should consult the issuer's continuous disclosure record for complete details of the transaction.
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