Northwire Canada EditionFriday, November 13, 2026
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Gold 3,885.30 −2.9% Silver 50.06 −3.7% Copper 6.19 −1.5% Oil 88.70 +2.5% Palladium 992.00 −5.2% SEA 35.00 −3.2% GLO 0.300 −6.2% WM 1.42 −2.1% MFG 3.25 −4.7% RAGE 0.295 +0.0% DPM 50.56 −4.2% ARIS 21.08 −4.7% AUEN 0.170 +6.2% FCI 0.540 −1.8% SLI 1.98 −5.3% COCO 0.350 −4.1% BCU 0.060 +0.0% BGF 0.025 +0.0% TDG 0.710 +44.9% PRU 6.04 −4.1% NGEX 21.01 −5.2% Gold 3,885.30 −2.9% Silver 50.06 −3.7% Copper 6.19 −1.5% Oil 88.70 +2.5% Palladium 992.00 −5.2% SEA 35.00 −3.2% GLO 0.300 −6.2% WM 1.42 −2.1% MFG 3.25 −4.7% RAGE 0.295 +0.0% DPM 50.56 −4.2% ARIS 21.08 −4.7% AUEN 0.170 +6.2% FCI 0.540 −1.8% SLI 1.98 −5.3% COCO 0.350 −4.1% BCU 0.060 +0.0% BGF 0.025 +0.0% TDG 0.710 +44.9% PRU 6.04 −4.1% NGEX 21.01 −5.2%
Financings

Rio Silver Inc. Completes Securities for Debt Transaction

RYO · Price

Executive Summary

  • Rio Silver Inc. settled $293,250 of indebtedness by issuing 1,396,428 common shares at a deemed price of $0.21 per share and 420,238 common share purchase warrants priced at $0.28 per share.
  • The settlement improves the Company’s working‑capital position and reduces its current deficiency.
  • All issued securities are subject to a hold period that expires on May 1, 2026.

Key Details

  • Debt Amount Settled: $293,250 (aggregate indebtedness).
  • Equity Issuance: 1,396,428 common shares at a deemed issuance price of $0.21 per share.
  • Share Allocation: 976,190 of the issued shares were allocated to non‑arm’s length creditors; the remainder went to other parties.
  • Warrant Issuance: 420,238 common share purchase warrants, each allowing purchase of one common share at $0.28 per share, exercisable through December 31, 2028.
  • Warrant Allocation: No warrants were issued to non‑arm’s length creditors.
  • Hold Period: All shares and warrants issued in this transaction are subject to a lock‑up that expires on May 1, 2026.
  • Purpose of Transaction: To improve Rio Silver’s current working‑capital deficiency position.

Notable Quotes

(No direct quotes were included in the release.)

Read the original news release →

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