Rio Grande Resources launches non-brokered private placement for up to $2.5 million

Reuters2026/08/07 21:00

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Rio Grande Resources launched a non-brokered private placement of up to 12,500,000 units at CAD 0.2 for gross proceeds up to CAD 2.5 million.
Each unit includes one common share, one transferable warrant exercisable at CAD 0.4 for 24 months.
Proceeds earmarked for exploration spending, general corporate purposes; closing targeted around Aug. 24, 2026.
The securities will not be registered under U.S. securities laws; directors, officers may participate.

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: 202608071700ACCESSWRNAPR_____1204905) on August 07, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Rio Grande Resources launches non-brokered private placement for up to $2.5 million

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