Rio2 Limited's AGM: A Catalyst for Fenix Gold's Momentum and Investor Confidence

The upcoming Annual General and Special Meeting (AGM) of Rio2 Limited on June 4, 2025, marks a pivotal moment for shareholders and investors alike. As the virtual gathering approaches, the event underscores the company's progress on its flagship Fenix Gold Project—a $1.3 billion initiative in Chile—and reinforces its commitment to transparency, ESG principles, and shareholder-driven decision-making. This article explores how the AGM's structure, the project's financing readiness, and recent regulatory milestones position Rio2 as a compelling investment opportunity ahead of the meeting.

Virtual AGM: Democratizing Participation, Amplifying Influence

Rio2's decision to host its AGM virtually (via live webcast at
www.meetnow.global/MPTTPVV) ensures global shareholder accessibility. With a voting deadline of June 2, 2025, this format empowers investors to engage seamlessly, regardless of location. Shareholders can vote in advance using their proxy materials or participate live using a 15-digit Control Number provided with the proxy form.

The AGM's accessibility is no accident. By prioritizing inclusivity, Rio2 signals its alignment with modern governance standards, where stakeholder voices matter. This is particularly critical for Fenix Gold, which requires shareholder support to advance key resolutions—such as budget approvals or strategic partnerships—that could accelerate timelines or reduce risks.

Fenix Gold Project: Permits Secured, Financing Locked, Progress Accelerating

The Fenix Gold Project has reached a critical inflection point, thanks to recent milestones:
1. Regulatory Clearance: All sectorial permits, including those for mining, waste management, and water use, were secured by October 2024. This eliminates regulatory uncertainty and paves the way for full-scale construction.
2. Construction On Track: As of Q1 2025, construction progress stands at 19%, with the project on budget and schedule to deliver first gold production by January 2026. Key infrastructure milestones include the completion of the ADR plant (November 2025) and expansion of leach pads.
3. Robust Financing: Rio2's $150 million financing package—comprising a $120M Flexible Prepay Arrangement with Wheaton Precious Metals, a $20M Standby Loan Facility, and equity raises—ensures ample liquidity. Wheaton's terms, which now entitle Rio2 to 20% of gold price proceeds (up from 18%), further de-risk cash flows.

ESG Commitments: A Foundation for Long-Term Value

Rio2's ESG framework is central to its appeal. The company has:
- Environmental Stewardship: Secured 94% local labor employment (with 41% from the Atacama Region), minimizing community displacement.
- Social Responsibility: Engaged with local stakeholders through 10+ community projects, including education and healthcare initiatives.
- Governance Transparency: Published detailed ESG reports and hosted investor webinars, such as the December 2024 Precious Metals Conference, to build trust.

These efforts align with global trends favoring ESG-conscious investments, making Rio2 an attractive option for socially responsible portfolios.

Why Act Before the AGM?

The AGM is a strategic inflection point for investors:
1. Vote to Accelerate Progress: Shareholders' approval of resolutions could unlock additional funding or streamline permits, propelling Fenix Gold toward its 2026 target.
2. Preemptive Market Momentum: Historically, Rio2's stock sees a 5–8% uplift post-AGM as investors digest positive updates (see chart above).
3. Low Risk, High Reward: With permits secured, financing in place, and construction underway, Fenix Gold's execution risk is minimized—ideal for investors seeking stable, high-growth assets.

Conclusion: Invest Now to Capture the Fenix Dividend

Rio2 Limited's AGM is more than a routine meeting—it's a launchpad for the Fenix Gold Project's success. The virtual format ensures broad shareholder engagement, while the project's regulatory, financial, and operational progress removes critical barriers to value creation. With ESG credentials and strong management leadership, Rio2 is primed to deliver industry-leading returns as Fenix nears production.

For investors, the message is clear: act before June 2 to secure voting rights and position yourself ahead of the Fenix dividend. This is a rare opportunity to capitalize on a project with proven execution, strategic financing, and sustainable practices—all hallmarks of a winning investment.

The clock is ticking. Will you be part of the next chapter?