11:32 AM EDT, 03/24/2025 (MT Newswires) -- Rio2 ( RIOFF ) , up 5% on last look, on Monday reported it received a second deposit payment of US$25 million from Wheaton Precious Metals International (WPM.TO).

The gold stream is a component of a US$120 million financing package that was announced last October to fully fund the Fenix Gold Project in Chile, to production.

Rio2 ( RIOFF ) was last seen up $0.04 to $0.82 on the TSX Venture Exchange.

Price: 0.82, Change: +0.04, Percent Change: +5.13