Rusoro Mining Ltd.

1.34

Canada & British Columbia Vancouver

595 Burrard Street, Suite 3123, PO Box 49139

+1 604 609-6110

www.rusoro.com

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Company Press Releases

RUSORO MINING LTD. ANNOUNCES UPDATE ON AWARD COLLECTION FROM RECENT COURT ACTIONS

VANCOUVER, BC, April 11, 2023 /CNW/ - Rusoro Mining Ltd. (TSXV: RML) (the "Company" or "Rusoro") 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 law. First, on March 24, 2023, Judge Leonard Stark of the U.S. Di...

RUSORO MINING LTD. ANNOUNCES CLOSING OF PROMISSORY NOTE PRIVATE PLACEMENT

VANCOUVER, BC, April 4, 2023 /CNW/ - Rusoro Mining Ltd. (TSXV: RML) (the "Company") announces it has closed a non-brokered private placement of unsecured, non-interest bearing, promissory notes (the "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 Company pursuant to any successful enforcement of its arbitral award a...

RUSORO MINING LTD. ANNOUNCES ISSUANCE OF PROMISSORY NOTES

/THIS PRESS RELEASE IS NOT INTENDED FOR RELEASE OR DISSEMINATION IN THE UNITED STATES/ VANCOUVER, BC, March 24, 2023 /CNW/ - Rusoro Mining Ltd. (TSXV: RML) (the "Company" or "Rusoro") announces a non-brokered private placement of unsecured, non-interest bearing, promissory notes in the principal amount of US$2,130,000 (the "Notes").  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 agr...

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