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Rusoro Mining News
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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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August 18, 2011
Rusoro Responds to Comments Concerning Venezuelan Gold Sector
Vancouver, Canada - Rusoro Mining Ltd. ("Rusoro") wishes to clarify that it has had no indication from the Government of Venezuela, of any changes to the Company's operations in regards to certain statements in the media concerning nationalization of gold projects in Venezuela.
The statements quoted referenced the Venezuelan Government's wish to control serious ongoin... |
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June 30, 2011
Rusoro Mining Reports Q1 2011 Financial Results
Rusoro Mining Ltd. ("Rusoro" or the "Company") reports its financial results for the three months ended March 31, 2011 ("Q1 2011"). The Company's consolidated financial statements and management's discussion and analysis ("MD&A") for Q1 2011 have been filed on SEDAR ( www.sedar.com ).
All amou... |
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June 16, 2011
Rusoro Designates Mining Services Contractor for its Choco Mine
Vancouver, Canada - Rusoro Mining Ltd. ("Rusoro") is pleased to announce that it has entered into an agreement with Vittoria Limited ("Vittoria"), a Barbados privately-owned company, for the provision of mining services at its Choco Mine in Venezuela. The mining services will comprise loading, hauling and dumping of material but excludes drilling and blasting and will be part of a mining service contract ("Mining Service Contract") to be entered into between Rusoro and Vittoria in the upcoming ... |
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June 14, 2011
Rusoro Mining Reports on its Loan Repayment Status
Vancouver, Canada - Rusoro Mining Ltd. ("Rusoro") announces that it has not performed the repayment of its Senior Secured Exchangeable Loan of US$30 million Principal due on June 10, 2011 (The "Loan") and related interest of US$750 thousand.
The syndicate of lenders includes Petropavlovsk PLC (The "Agent"), Lansdowne U.K. Equity Fund Limited, Lansdowne U.K. Equity Fund L.P., Lansdowne U.K. Strategic Investment Master Fund Limited, Endeavour Financial Corporation, and BlackRock Natural Resour... |
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