Rio Grande Resources closes $2.55 million non-brokered private placement at $0.20 per unit

• Rio Grande Resources closed an over-subscribed non-brokered private placement raising gross proceeds of $2.55 million.
• Issued 12,732,500 units priced at $0.2, each with one share, one transferable warrant exercisable at $0.4 for two years.
• Net proceeds earmarked for exploration spending, general corporate purposes.
• Paid $141,510 in fees, issued 707,550 finder's warrants exercisable at $0.34 for two years.
• Securities issued in the placement carry a four-month, one-day hold period.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Rio Grande Resources Ltd. published the original content used to generate this news brief via ACCESS Newswire (Ref. ID: 202608241300ACCESSWRNAPR_____1211150) on August 24, 2026, and is solely responsible for the information contained therein.