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To: Goose94 who wrote (889)	8/19/2013 4:54:09 AM
From: Goose94	Respond to of 203541

RYO-V radar love, keep track list.

To: Goose94 who wrote (889)	1/31/2014 6:19:27 PM
From: Goose94	Read Replies (2) \| Respond to of 203541

Rio Silver (RYO-V) Jan 31, '14 has executed an agreement between Rio Silver, Virginia Mines (VGQ-T), Altius Resources (ALS-T) (a wholly owned subsidiary of Altius Minerals Corp.) and Les Resources Tectonic Inc. to acquire Rio Silver's KAN project in the Nunavik territory in Northern Quebec. Under the proposed transaction, which is subject to the approval of the TSX Venture Exchange (the "TSX-V"), Rio Silver will transfer its 100% interest in the Project in consideration for (i) the issuance by Virginia of 3,571 of its common shares to Rio Silver at a deemed price of $14.00 per share (the "Virginia Shares"); (ii) a cash payment equal to $25,000 to be paid by Virginia; (iii) a cash payment equal to $75,000 to be paid by Altius; (iv) the issuance by Rio Silver of 400,000 of its common shares to Tectonic (the "Rio Silver Shares"); and (iv) a cash payment of $40,000 to be paid by Rio Silver to Tectonic. The Rio Silver Shares to be issued to Tectonic and the cash payment to be paid by Rio Silver are required under the option agreement (the "Option Agreement") between Rio Silver and Tectonic dated March 2, 2011, pursuant to which Rio Silver has the option to acquire from Tectonic 209 of the mining claims forming part of the Project. Pursuant to the contemplated transaction, Virginia and Altius will grant a two percent (2 %) net smelter returns royalty affecting certain of the claims forming part of the Project to Tectonic, of which one percent (1 %) may be purchased by Virginia and Altius for cash or cash equivalent share payments in the amount of $500,000 on or before April 2, 2015 or in the amount of $1,500,000 thereafter. Upon closing of the contemplated transaction, Rio Silver will be wholly released and forever discharged from the observance and performance of its covenants and agreements in and under the Option Agreement. The Rio Silver Shares and the Virginia Shares to be issued will be issued under a private placement exemption and subject to a four-month restricted period stipulated in a legend, before becoming freely tradable. The contemplated transaction is expected to close on or before February 6, 2015, subject to final regulatory approvals, including the TSX-V for Rio Silver and the Toronto Stock Exchange for Virginia.