Rio2 boosts stake in Royal Road Minerals with $750K share purchase
Rio2 Limited has expanded its stake in Royal Road Minerals Limited after taking part in a private share placement. The company now holds around 15% of Royal Road’s shares, following a $750,000 investment. This move strengthens Rio2’s position in the mining firm’s ownership structure.
The deal took place on November 27, 2025, under a non-brokered private placement. Rio2 bought 4,166,667 ordinary shares at $0.18 each, totalling $750,000. This purchase was part of an agreement signed earlier, on September 29, 2025.
The private placement increases Rio2’s influence in Royal Road Minerals. The $750,000 investment raises its ownership to a significant minority stake. The agreement follows a prior arrangement between the two companies.
