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Rio2 Limited Receives US$5 Million From Chilean IVA/VAT Refund

VANCOUVER, British Columbia, June 20, 2023 (GLOBE NEWSWIRE) Rio2 Limited (“Rio2” or the “Company”) (TSXV: RIO; OTCQX: RIOFF; BVL: RIO) today announces that the Chilean Internal Revenue Service has issued Fenix Gold Limitada, Rio2’s wholly owned subsidiary in Chile, an IVA/VAT (Impuestos a Las Ventas y Servicios/Value Added Tax) refund in the amount of CLP$4,073,551,385 (the equivalent of approximately US$5,092,000 at current exchange rates). In Chile, an IVA/VAT refund is usually not received ....

United Kingdom , British Columbia , Alex Black , Andrew Cox , Kathryn Johnson , Chilean Internal Revenue Service , Regulation Services Provider , Venture Exchange , Fenix Gold Limitada , Las Ventas , Value Added Tax , Fenix Gold , Fenix Gold Project , Vice President , Io2 Limited , Wholly Owned Subsidiary , Fenix Gold , Mining Company , Current Exchange Rates , Andrew Cox ,