Northwire Canada EditionFriday, November 13, 2026
Northwire
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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 issues 1.39 million shares for debt

RYO · Price

Executive Summary

  • Rio Silver Inc. has settled an aggregate of $293,250 in indebtedness through the issuance of common shares and share purchase warrants.
  • The transaction involves issuing 1,396,428 common shares at a deemed price of 21 cents per share and 420,238 warrants exercisable at 28 cents per share.
  • The company states that completing this transaction will help improve its current working capital deficiency position.

Key Details

  • Total Indebtedness Settled: $293,250
  • Common Shares Issued: 1,396,428 shares
    • Deemed Issuance Price: $0.21 per share
    • Non-Arm's-Length Creditors: 976,190 shares issued to non-arm's-length creditors
  • Share Purchase Warrants Issued: 420,238 warrants
    • Exercise Price: $0.28 per share
    • Underlying Shares: Entitles holders to purchase 420,238 common shares
    • Expiration Date: December 31, 2028
    • Non-Arm's-Length Creditors: None of the warrants were issued to non-arm's-length creditors
  • Hold Period: All common shares and share purchase warrants issued are subject to a hold period expiring May 1, 2026
  • Strategic Impact: Completion of the transaction allows the company to improve its current working capital deficiency position
Read the original news release →

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