Rusoro Mining Ltd.

Trading symbol : RML VANCOUVER, March 14, 2018 /CNW/ - On August 16, 2017, an arbitration tribunal convened under the Canada-Venezuela Bilateral Investment Treaty found that the Republic of Venezuela had unlawfully expropriated the gold mining assets of Rusoro Mining Ltd. , a Canadian Mining Corp..  The arbitral tribunal ordered Venezuela to compensate Rusoro in the amount of US$967.77 million, plus interest.  With [...]

Trading symbol : RML VANCOUVER, Feb. 19, 2018 /CNW/ - Rusoro Mining Ltd. reports that further to its news release dated January 16, 2018, the US$7M in financing is being provided in return for a portion of any settlement the Company may receive from its arbitration award against the Venezuelan government. The loan and associated fee shall only become payable upon a final settlement of the arbitration claim.  "Andre [...]

Rusoro Mining announces that it has granted an aggregate of 4,725,000 stock options under the Company's stock option plan to insiders, employees and consultants of the Company with an exercise price of $0.08 per stock option, exercisable for a period of ten years from the date of grant, subject to approval of the TSX Venture Exchange. "Andre Agapov" Andre Agapov, President & CEO Neither the TSX Venture Exchange nor its [...]

Trading symbol :  RML VANCOUVER, Jan. 16, 2018 /CNW/ - Rusoro Mining Ltd. is pleased to announce that it has closed on a Funding Agreement that provides the Company with additional litigation funding of up to USD $7M. The Company intends to use the funds in its continuing efforts to enforce the USD $1.3 billion arbitration award it was awarded as a result of Venezuela's unlawful expropriation of its mining operations in [...]

Trading symbol : RML VANCOUVER, Dec. 6, 2017 /CNW/ - Rusoro Mining Ltd. announces today that it has obtained a judgment against the Republic of Venezuela in the Superior Court of Justice in Ontario, Canada, in excess of US$1.3 billion. The judgment, which was issued on default as a result of Venezuela's failure to appear before the Ontario court, arises out of Rusoro's ongoing dispute with Venezuela over the South [...]

Trading symbol (TSX-V): RML VANCOUVER, Sept. 7, 2017 /CNW/ - Rusoro Mining Ltd. (the "Company" or "Rusoro") announces that it has engaged King & Spalding LLP, a leading U.S.-based law firm recognized for its expertise in the enforcement of international arbitration awards and experience resolving large international disputes, to lead the Company's effort to enforce its US$1.2 billion award issued on August 22, 2016 by the [...]

Trading symbol (TSX-V): RML VANCOUVER, Feb. 3, 2017 /CNW/ - Rusoro Mining Ltd. (the "Company" or "Rusoro")  announces that it has raised an aggregate of U.S. $5,500,000 (the "Subscription Amount") through the issuance of non-interest bearing promissory notes. The notes will become due and payable as to three times the Subscription Amount on the date that is ninety (90) days from the date that Rusoro receives its first [...]

Trading symbol (TSX-V): RML VANCOUVER, Aug. 23, 2016 /CNW/ - Rusoro Mining Ltd. (the "Company" or "Rusoro")  welcomes the award (the "Award") issued on August 22, 2016 by the Arbitration Tribunal ("Tribunal") operating under the Additional Facility Rules of the World Bank's International Centre for the Settlement of Investment Disputes ("ICSID") in the arbitration brought by Rusoro against the Bolivarian Republic of [...]

Rusoro Mining announces that pursuant to the Company's Stock Option Plan, the Board of Rusoro has granted 200,000 incentive stock options to an officer of the Company. The options are exercisable at a price of $0.10 per share for a period of 10 years, subject to regulatory approval. ON BEHALF OF THE BOARD "Andre Agapov" Andre Agapov, President & CEO Forward-looking statements: This document contains statements about [...]

Trading symbol (TSX-V): RML VANCOUVER, March 1, 2016 /CNW/ - Rusoro Mining Ltd. (the "Company" or "Rusoro") (TSXV: RML) announces the appointment of Harpreet Dhaliwal as Chief Financial Officer and Corporate Secretary of the Company.  Ms. Dhaliwal is a Chartered Accountant with over 8 years' experience in the resource sector. She is Vice President of Fiore Management & Advisory Corp., a private financial advisory firm and [...]