Rio Grande Resources Ltd. has retained Machai Capital Inc. to provide digital marketing and investor outreach services under an agreement that began on September 11, 2026. The arrangement has an initial term of three (3) months, with Rio Grande agreeing to pay $100,000 on execution of the agreement.
#Services covered by the agreement
Machai’s work will include branding, content and data optimization, search engine optimization, and social media and email marketing.
Following the initial term, the agreement will renew automatically on a month-to-month basis. Either party may cancel it with 5 days' notice without penalty.
#Machai’s relationship with Rio Grande
Rio Grande said Machai is arm’s-length to the company. The firm beneficially owns 197,600 common shares of Rio Grande.
Rio Grande is listed as CSE:RGR, OTCQB:RGRLF, FSE:488 and WKN:A40Z5N.
#Rio Grande’s exploration business
Rio Grande describes itself as a mineral exploration company focused on the gold and silver potential of a 3,000-acre property in the Black Range of Sierra County, New Mexico.
The company holds a 100% interest in the Winston project group, which includes the patented historic Ivanhoe & Emporia Claims and Little Granite mines. The release says the company is targeting precious metal discoveries within the property’s low-sulfidation epithermal setting.
#Risks and forward-looking statements
The company identifies statements about the drill readiness and potential for mineral discoveries at the Winston project as forward-looking. It cautions that geological interpretations and exploration objectives may not result in a discovery.
Rio Grande also lists risks involving capital availability, possible dilution from raising capital through the sale of shares, the continuity of agreements with third parties, environmental matters, delays in government approvals, permits or financing, and technical difficulties related to exploration.
Additional risks identified by the company include political uncertainties, regulatory or legal changes, difficulties in interpreting exploration results, fluctuations in mineral and commodity prices, the ability to raise sufficient funds to carry out business plans, financing availability and costs, and the company’s ability to continue as a going concern. The release also states that deposits on nearby properties are not necessarily indicative of deposits on Rio Grande’s properties and refers to other risks associated with the mining industry.
Rio Grande says actual results, performance or achievements could differ materially from those expressed or implied in its forward-looking statements, and that expectations may not be achieved.
#Key Takeaways
- Rio Grande Resources has retained Machai Capital for digital marketing and investor outreach.
- The initial agreement term is three (3) months from September 11, 2026.
- Rio Grande has agreed to pay $100,000 on execution of the agreement during the initial term.
- The agreement renews month-to-month after the initial term and may be canceled with 5 days' notice without penalty.
- Machai is arm’s-length to Rio Grande and beneficially owns 197,600 common shares of the company.
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