Rusoro Mining Ltd.

Silver Point Capital, L.P. announces that, on February 13, 2024, three of its affiliates, Silver Point Distressed Opportunity Institutional Partners II Master Fund , L.P. , Silver Point Distressed Opportunity Institutional Partners II, L.P. and Silver Point Luxembourg Platform S.à r.l. , acquired through the TSX Venture Exchange, in aggregate [...]

Rusoro Mining Ltd. is pleased to advise that it has submitted a Non-Binding Indication of Interest pursuant to the CITGO Bidding Procedures attached as Exhibit 1 to Exhibit A of the joint status report filed as of October 4, 2022 with the United States District Court for the District of Delaware in Crystallex International Corp. v. Bolivarian [...]

Silver Point Capital, L.P. is pleased to announce that on January 9, 2024, two of its affiliates, DOIP II Luxembourg Strategies S.à r.l. and SPCP Luxembourg Strategies S.à r.l. , entered into an agreement with Fulcrum Global Markets LLC to acquire, in aggregate, 111,920,836 common shares of Rusoro Mining Ltd. , at USD$0.473122476 per Rusoro Share [...]

Rusoro Mining Ltd. announces that last year, the U.S. Court of Appeals for the Third Circuit ruled that various parties holding judgments against the Republic of Venezuela, including Rusoro Mining Ltd., were entitled to enforce their judgments against property owned by Petroleos de Venezuela , the Venezuelan state-owned oil conglomerate, on the [...]

Rusoro Mining Ltd. is pleased to announce that it has closed its previously announced non-brokered private placement for aggregate proceeds of $1,000,000 through the issuance of 2,500,000 common shares at a price of $0.40 per common share . The Company intends to use the proceeds from the Financing for legal fees to continue supporting the efforts [...]

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 [...]

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 [...]

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 [...]

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 [...]

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 [...]