Rio2 boosts stake in Royal Road Minerals with $750K private share deal

A bold $750K move cements Rio2’s influence in the mining sector. How this private share deal reshapes its partnership with Royal Road Minerals.

, and Administrator

2025 November 28 . 7:01 PM

1 min read

In this image, at the right side there is a shop, on that show there is CAFFE BENES is written, at... — In this image, at the right side there is a shop, on that show there is CAFFE BENES is written, at the left side there is a black color door and there is a glass door.

Rio2 Limited has invested in Royal Road Minerals Limited through a private share placement. The company purchased 4,166,667 ordinary shares at $0.18 each, totalling $750,000. This move strengthens Rio2’s stake in the mining firm under an existing agreement.

The investment was made under an Investor Rights Agreement, allowing Rio2 to either maintain its current ownership percentage or increase its holdings up to 15%. Alex Black, Executive Chairman of Rio2, oversaw the transaction as part of a non-brokered private placement.

The deal secures Rio2’s position as a significant shareholder in Royal Road Minerals. With 44,021,667 shares now held, the company maintains a 15% stake in the firm. The investment follows the terms set out in the earlier agreement between the two parties.