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 [...]
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 [...]
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 [...]
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 [...]
Trading symbol : RML Rusoro Mining Ltd. is pleased to announce that on June 7, 2022, the Paris Court of Appeal fully rejected a second application of the Bolivarian Republic of Venezuela to annul the arbitral award of August 22, 2016 made in favor of Rusoro in the amount of US$967.77 million plus interest . Venezuela made the application on June 1 [...]
Rusoro Mining Ltd. is pleased to announce that on September 24, 2021, the Supreme Court of the State of New York granted Rusoro's motion to enter a default judgment for US$100 million plus interest in favor of Rusoro against the Bolivarian Republic of Venezuela for breach of a Settlement Agreement dated October 5, 2018. Rusoro will take the [...]
Rusoro Mining Ltd. announced on Monday, September 20, the Republic of Venezuela voluntarily dismissed its appeal of the US$1.62 billion award judgment rendered by the U.S. District Court in Washington DC in favor of Rusoro Mining, and against Venezuela. That judgment confirmed the award of an international arbitration tribunal based in Paris, which [...]
Rusoro Mining Ltd. announced this morning that the French Supreme Court, the Cour de Cassation, overturned the decision of the Paris Court of Appeal which had annulled part of the damages portion of the arbitral award previously rendered in favour of the Company. Mr. Andre Agapov, CEO of Rusoro, noted that this decision reinstates the arbitral [...]
Rusoro Mining Ltd. announces that it has granted an aggregate of 4,325,000 stock options under the Company's stock option plan to insiders, employees and consultants of the Company with an exercise price of $0.05 per stock option, exercisable for a period of ten years from the date of grant, subject to approval of the TSX Venture Exchange. "Andre [...]
Rusoro Mining Ltd. announces that it has been advised that Andre Agapov, President and CEO of the Company, has acquired shares of Rusoro in the public market. Following the acquisition of 1,929,000 common shares of Rusoro, Mr. Agapov holds an aggregate of 87,066,167 common shares representing 15.98% of the issued and outstanding shares of the [...]
Rusoro Mining announces that it has granted an aggregate of 11,050,000 stock options under the Company's stock option plan to insiders, employees and consultants of the Company with an exercise price of $0.105 per stock option, exercisable for a period of ten years from the date of grant, subject to approval of the TSX Venture Exchange. "Andre [...]
Rusoro Mining Ltd. is pleased to announce that it has executed an addendum to its funding agreement whereby the Company can continue to use the remaining funding available for its pursuit to reinstate the Award's findings on damages in full or otherwise obtain fair compensation for the unlawful expropriation of its investments in Venezuela, in [...]
