News Releases
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Rusoro Mining News
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June 15, 2012 Rusoro Reports Closing of Arbitration Costs Financing Vancouver, Canada - Rusoro Mining Ltd. ("Rusoro" or "the Company")
Rusoro is pleased to announce that on June 15, 2012 it entered into a litigation funding agreement with a subsidiary (the "Funder"), of the Calunius Litigation Risk Fund LP (the "Fund"). Calunius Capital LLP is the exclusive investment advisor to the Fund which specializes in funding commercial litigation and arbitration claims. Calunius Capital LLP is authorized and regulated by the Financial Services Authority of the United... |
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April 30, 2012 Rusoro Reports 2011 Financial Results and Provides Update on the Nationalization of its Mining Assets Vancouver, Canada - Rusoro Mining Ltd. ("Rusoro" or "the Company")
Rusoro reports its financial results for the year ended December 31, 2011 and provides update on the Nationalization of its Mining Assets. The Company's audited consolidated financial statements and management's discussion and analysis ("MD&A") for the year ended December 31, 2011 have been filed on SEDAR ( www.sedar.com ).
All amounts set out in th... |
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March 14, 2012 Expiration of Negotiation Period with Venezuelan Government for Nationalization
Vancouver, Canada - Rusoro Mining Ltd. ("Rusoro" or "the Company") reports the following:
The extended deadline of the period fixed by the Nationalization Decree No. 8413 to negotiate the compensation due to Rusoro and the terms of the migration of Rusoro's mining assets to a Mixed Enterprise to be controlled by the Venezuelan Government will expire as of the end of day to... |
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February 27, 2012 Positive Feasibility Study on Expansion of Choco Mine to 20,000 Tonnes per Day Completed
VANCOUVER, B.C. -- Andre Agapov, President and CEO of Rusoro Mining Ltd ("Rusoro" the "Company") is pleased to provide details on the recently completed positive feasibility study (the "Study") on the expansion of the Choco Mine to 20,000 tonnes per day. The Study was conducted by Micon International Limited ("Micon") in association with Ausenco and Knight Piésold, ... |
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January 27, 2012 Rusoro Grants Incentive Stock Options
Vancouver, Canada - Rusoro Mining Ltd. ("Rusoro" or "the Company")
Rusoro has granted incentive options under its Stock Option Plan to certain directors, officers and employees for the purchase of a total of 11,000,000 shares in the capital of the Company. The options are exercisable on or before January 26, 2017 at a price of (CAD) $0.14 per share, being the closing pri... |
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December 21, 2011 Venezuelan Government Extends 90-day Negotiation Period
Vancouver, Canada - Rusoro Mining Ltd. ("Rusoro" or "the Company") reports the following:
The 90-day period fixed by the Nationalization Decree No. 8413 to negotiate the compensation due to Rusoro and the terms of the migration of Rusoro's mining assets to a Mixed Enterprise to be controlled by the Venezuelan Government and which expired on December 15, 2011 has been exte... |
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December 16, 2011 Rusoro Provides Update on the Nationalization
Vancouver, Canada - Rusoro Mining Ltd. ("Rusoro" or "the Company") reports the following:
The 90-day negotiation period fixed by the Nationalization Decree No. 8413 to negotiate the compensation due to Rusoro and the terms of the migration of Rusoro's mining assets to a Mixed Enterprise to be controlled by the Venezuelan Government expired on December 15, 2011.
The ... |
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November 29, 2011 Rusoro Reports Q3 2011 Financial Results and Termination of Gold Export Permits and Provides Update on the Nationalization
Vancouver, Canada - Rusoro Mining Ltd. ("Rusoro" or "the Company")
Rusoro reports its financial results for the three months ended September 30, 2011 ("Q3 2011"). The Company's consolidated financial statements and management's discussion and analysis ("MD&A") for Q3 2011 have been filed on SEDAR (www.sedar.com).
All amounts set out in this news releas... |
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September 22, 2011 Rusoro Gives Update on New Gold Industry Law
Vancouver, Canada - Rusoro Mining Ltd. ("Rusoro" or "the Company") reports the following;
On August 23, 2011, President of Venezuela Hugo Chavez Frias approved a decree with force of organic law ("the Decree") which reserves to the State of Venezuela ("the State"), exclusive rights for the extraction of gold in Venezuela.
On August 24, 2011, the organic status of the decr... |
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August 30, 2011 Rusoro Reports Q2 2011 Financial Results
Vancouver, Canada - Rusoro Mining Ltd. ("Rusoro" or "the Company")
Rusoro reports its financial results for the three months ended June 30, 2011 ("Q2 2011"). The Company's consolidated financial statements and management's discussion and analysis ("MD&A") for Q2 2011 have been filed on SEDAR ( www.sedar.com ... |
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