VANCOUVER, British Columbia, March 27, 2023 (GLOBE NEWSWIRE) -- Rio2 Limited (“Rio2” or the “Company”) (TSXV: RIO; OTCQX: RIOFF; BVL: RIO) announces that the disinterested shareholders of the Company have approved the security based compensation to non-arms’ length parties previously announced on January 5, 2023 at the Company’s special meeting of shareholders (the “Meeting”) held earlier today (the “Disinterested Shareholder Approval”). Further disclosure on the matters approved at the Meeting can be found in the Management Information Circular dated February 15, 2023, on Rio2’s SEDAR profile at www.sedar.com.