Amended: Rio Silver Retains Momentum Public Relations Inc.

VANCOUVER, Nov. 6, 2019 -  Rio Silver Inc. ("Rio Silver" or the "Company") (TSXV: RYO) is pleased to announce that it has retained Momentum Public Relations Inc. ("MomentumPR") to provide public relations services to the Company.

MomentumPR, a Quebec based public relations firm, will assist the Company in increasing public awareness by managing the Company's corporate communications and marketing activities and facilitating dialogue with the Company's shareholders, finance professionals, analysts and media contacts.

"Momentum PR are a highly experienced Canadian public company PR firm. They have the expertise with junior mining that we're looking for in generating awareness and creating a targeted message for Rio Silver. We're in the early stages of tremendous potential growth at Rio and Momentum are the kind of partners we need," said Chris Verrico, CEO.

The initial agreement with Momentum is for a term of twelve months.

At the request of the exchange, the company has included the terms of the contract. MomentumPR will receive $7,500/month plus applicable taxes for the twelve-month period.

About MomentumPR

MomentumPR is a cutting-edge public relations consulting agency representing companies within the Canadian investment community. Its services are tailored to meet the needs of small, microcap and medium size corporations. MomentumPR's focus is on building and driving brand awareness, cultivating new audience interest and disseminating target market messaging on behalf of client companies and their valued shareholders. For more information, please visit: https://momentumpr.com/

About Rio Silver

Rio Silver Inc. is a Canadian-based resource company with a mandate to acquire, explore and develop precious metal deposits in the Americas. Rio Silver's experienced Peruvian exploration team is instrumental in planning and conducting the work program at its 100% owned flagship property, Ninobamba in Peru. Management continues to add shareholder value through effective and efficient exploration, strategic property acquisitions and sound financial management. For more information, please visit: https://www.riosilverinc.com/

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

This news release includes forward-looking statements that are subject to risks and uncertainties. All statements within, other than statements of historical fact, are to be considered forward looking. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not a guarantee of future performance and actual results or developments may differ materially from those in forward-looking statements. Factors that could cause actual results to differ materially from those in forward-looking statements include market prices, exploitation and exploration successes, continued availability of capital and financing, and general economic, market or business conditions. There can be no assurances that such statements will prove accurate and, therefore, readers are advised to rely on their own evaluation of such uncertainties. We do not assume any obligation to update any forward-looking statements except as required by applicable laws.

Website: www.riosilverinc.com

SOURCE Rio Silver