Announcement • Aug 09
Rio Grande Resources Ltd. announced that it expects to receive CAD 2.5 million in funding Rio Grande Resources Ltd. announced a non-brokered private placement of up to 12,500,000 units at a price of CAD 0.20 per Unit for gross proceeds of CAD 2,500,000 on August 7, 2026. Each Unit will consist of one common share and one transferrable common share purchase warrant. Each Warrant entitles the holder to purchase one additional Share of the Company at a price of CAD 0.40 per Share for a period of 24 months from the date of issuance. Directors and officers of the Company may acquire securities under the Private Placement. In accordance with the regulations of the Canadian Securities Exchange (“CSE”), all
securities issued pursuant to the Private Placement will be subject to a hold period of four months and one day as required under applicable securities legislation. Finders’ fees may be payable in connection with the Private Placement in accordance with the policies of the CSE. Closing of the Private Placement is expected to occur on or around August 24, 2026. New Risk • May 17
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Canadian stocks, typically moving 14% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks No financial data reported. Shareholders have been substantially diluted in the past year (74% increase in shares outstanding). Market cap is less than US$10m (CA$7.70m market cap, or US$5.60m). Minor Risk Share price has been volatile over the past 3 months (14% average weekly change). Announcement • May 03
Rio Grande Resources Ltd. Announces Change of President Rio Grande Resources announced the appointment of Christina Barnard as its new President. Ms. Barnard has been closely involved with Rio Grande since its formation and was integral to the successful completion of the Plan of Arrangement with Foremost Clean Energy Ltd., creating Rio as a standalone public company focused on advancing the Winston Gold and Silver Property. Ms. Barnard brings extensive experience in public company administration, regulatory compliance, project management, corporate governance, and multi-exchange coordination. As acting Chief Operating Officer of Foremost Clean Energy Ltd., being involved with the company since 2020, she has played a key behind-the-scenes role in executing complex corporate initiatives, including the Company's successful Nasdaq listing in 2023. Her operational discipline, attention to detail, and experience coordinating legal, regulatory, exchange, and corporate workflows position her well to lead Rio Grande through its next phase of development. Mr. Barnard has stepped down from his role as interim president and will remain as CEO and director. 
