Rio Silver Inc. Closes $3.0M Private Placement Led by Eric Sprott
March 31, 2026
Rio Silver Inc. has closed a non-brokered private placement, issuing 8,571,429 units at $0.35 per unit for gross proceeds of $3.0 million. The lead investor is Eric Sprott, via 2176423 Ontario Ltd., which acquired 5,714,285 units for total consideration of $2.0 million.
- Buyers
- Eric Sprott
- Targets
- Rio Silver Inc.
- Industry
- Financial Services
- Location
- British Columbia, Canada
- Transaction Type
- Growth capital
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