Rio2 Limited announced a private placement on a best-efforts basis of up to 25,640,000 common shares at a price of CAD 0.39 per share for gross proceeds of up to CAD 9,999,600 on April 8, 2024. The offering is scheduled to close on or about April 17, 2024 or such other date(s) as the company and Eight Capital may agree and completion of the offering is subject to certain conditions including, but not limited to, the entering into of a definitive agency agreement between the company and the agents with respect to the offering and the receipt of all necessary approvals, including the approval of the TSX Venture Exchange. The shares offered under the offering will not be subject to a statutory hold period in accordance with applicable Canadian securities laws.
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5-day change | 1st Jan Change | ||
0.49 CAD | +2.08% | -1.01% | +22.50% |
31/05 | Rio2 Limited Reports Earnings Results for the First Quarter Ended March 31, 2024 | CI |
17/04 | Rio2 Limited announced that it has received CAD 23.0217 million in funding | CI |
EPS Revisions
1st Jan change | Capi. | |
---|---|---|
+22.50% | 122M | |
+1.16% | 48.28B | |
+19.23% | 32.65B | |
-4.68% | 29.27B | |
+9.73% | 23.77B | |
+34.46% | 10.49B | |
+42.02% | 10.23B | |
-4.76% | 9.96B | |
-.--% | 9.19B | |
+3.47% | 8.23B |
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- Rio2 Limited announced that it expects to receive CAD 9.9996 million in funding