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Rio2 Ltd Advances Fenix Gold Project and Financing

Rio2 Ltd Advances Fenix Gold Project and Financing

Rio2 Ltd (TSE:RIO) has released an update.

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Rio2 Ltd has announced the successful acquisition of the Environmental Qualification Resolution for its Fenix Gold Project in Chile, enabling the advancement of permitting activities with key permits expected by July 2024. Additionally, the company is advancing in securing project financing, having completed an initial phase attracting interest from various financiers and is now moving towards detailed due diligence with the goal of finalizing funding in Q3 2024.

For further insights into TSE:RIO stock, check out TipRanks’ Stock Analysis page.

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