Rusoro Mining Ltd.

Rusoro Mining Ltd. is pleased to announce a non-brokered private placement of up to 2,500,000 common shares at a price of $0.40 per common share for proceeds of up to $1,000,000. The Company intends to use the proceeds from the Financing for legal fees to continue supporting the efforts to collect on the Company's arbitration award and for general working capital. All securities issued under the Financing are subject to [...]

Rusoro Mining Ltd. is pleased to announce that on August 14, 2023, the Company submitted to the United States District Court for the District of Delaware a statement setting forth the current value and certain other information concerning the Federal Court judgement issued on March 2, 2018 by the United States District Court for the District of Columbia in favor of Rusoro and against the Bolivarian Republic of Venezuela [...]

Rusoro Mining Ltd. is pleased to announce that it has achieved a significant appellate victory in proceedings to enforce an arbitration award it obtained against the Republic of Venezuela arising out of Venezuela's expropriation of Rusoro's gold mining assets, which as of today, with interest, totals over US$1.4 billion. The U.S. Court of Appeals for the Third Circuit, which is based in Philadelphia, affirmed that [...]

Rusoro Mining Ltd. is pleased to announce that, subject to regulatory approval, it has granted incentive stock options to certain directors, officers and consultants of the Company to acquire an aggregate of 8,550,000 common shares in the capital of the Company at an exercise price of $0.225 in accordance with its 10% rolling Incentive Stock Option Plan. All Options are fully vested as at the date of grant and exercisable [...]

Rusoro Mining Ltd. Further to the Company's news release of April 4, 2023 announcing the closing of a non-brokered private placement of unsecured, non-interest bearing, promissory notes for an aggregate consideration of US$2,055,000, the Company has issued an additional 3,132,500 non-transferable share purchase warrants to the Note subscribers entitling them to purchase an aggregate of 3,132,500 common shares at a price [...]

Rusoro Mining Ltd. is pleased to report that the enforcement process in connection with its arbitration award against the Republic of Venezuela has taken several significant steps forward, bringing the Company much closer to finally obtaining compensation for Venezuela's expropriation of its gold mining assets in that country, which took place in 2011 and which an arbitration tribunal found in 2016 violated international [...]

Rusoro Mining Ltd. announces it has closed a non-brokered private placement of unsecured, non-interest bearing, promissory notes . In consideration for the Notes, the subscribers paid the Company an aggregate of US$2,055,000. The Notes do not have any fixed maturity date. The principal amount payable to the subscribers under the Notes is US$8,220,000 and will only become due and payable from proceeds received by the [...]

Rusoro Mining Ltd. announces a non-brokered private placement of unsecured, non-interest bearing, promissory notes in the principal amount of US$2,130,000 . The Notes will not have any fixed maturity date. The amount payable to the subscribers under the Notes will be four times the principal amount which each subscriber pays to the Company pursuant to the subscription agreement and shall only become due and payable from [...]

Rusoro Mining Ltd. is pleased to announce that on September 21, 2022, it closed, subject to final approval of the TSX Venture Exchange , its non-brokered private placement of 20,000,000 units at a price of $0.0625 per Financing Unit for gross proceeds of $1,250,000. Each Financing Unit consists of one common share of the Company, and one common share purchase warrant , with each Warrant entitling the holder to acquire one [...]

Rusoro Mining Ltd. is pleased to announce a non-brokered private placement of up to 20,000,000 units at a price of $0.0625 per Financing Unit for gross proceeds of up to $1,250,000. Each Financing Unit will consist of one common share of the Company, and one common share purchase warrant , with each Warrant entitling the holder to acquire one additional share at a price of $0.10 for a period of five years. There will be [...]