Rio2 Ltd. is pleased to announce that due to strong investor demand, the Company, Raymond James Ltd., , Stifel Nicolaus Canada Inc. , and BMO Nesbitt Burns Inc. , the co-lead underwriters and joint bookrunners have upsized the previously announced "bought deal" financing from C$140 million to approximately C$166 million, or approximately US$120 million . Under the Equity Financing, the Underwriters have agreed to purchase, on a "bought deal" basis, 74,865,000 Subscription Receipts of the Company at a price of $2.22 per Subscription Receipts for gross proceeds of C$166,200,300. The Company has granted the Underwriters an over-allotment option , exercisable in whole or in part, at any time, and from time to time, for a period of 30 days following the Closing Date, to purchase a...