Material Fact – Rectifying of Proposed Reverse Split of Shares and GDS to be Approved in a Shareholders Meeting

RIO DE JANEIRO, April 8, 2016 /CNW/ – Petro Rio S.A. (“PetroRio” or the “Company”) (BM&FBOVESPA: PRIO3, TSX-V: PRJ) hereby announces that, in compliance with regulatory requirements of TSX Venture Exchange, the Canadian stock exchange in which are traded Global Depositary Shares…