Rusoro Mining News
| ||September 11, 2007|
Rusoro Mining - Annual General Meeting Results; Option Grants
| ||September 11, 2007 Trading symbol (TSX-V): RML|
Vancouver, Canada - Rusoro Mining announces that at its Annual General Meeting held yesterday, the following directors were elected: Vladimir Agapov, Andre Agapov, Gordon Keep, Jay Kaplowitz, Abraham Stein, John Reynolds, Peter Hediger, and Dmitry Ushakov. Following the shareholders' meeting, the directors appointed Andre Agapov as CEO, and George Salamis as Director and President.
Andre Agapov is the founder of Grupo Agapov Corp. which was acquired by the Company in November 2006. He was instrumental in the advancement of Grupo's Venezuela gold properties over the past five years.
In addition, the Company has granted incentive stock options to directors, officers, employees and consultants to purchase up to an aggregate of 6,495,000 common shares exercisable for 10 years at a price of $2.12 per share.
Rusoro Mining Ltd. is a junior gold producer focused in Bolivar State, Venezuela. The Company has discovered well over 4 million ounces of gold to-date and is currently engaged in an aggressive program of exploration, development and mill expansion to significantly expand gold production through 2008 and 2009.
ON BEHALF OF THE BOARD
Vladimir Agapov, Chairman of the Board
Toll Free: 1-800-668-0091
The TSX Venture Exchange has not reviewed and does not take responsibility for the adequacy or accuracy of this release.
You can view the Next News Releases item: Thu Sep 27, 2007, Rusoro Mining Ltd. Appoints Omar Salas as CFO
You can view the Previous News Releases item: Tue Sep 4, 2007, Rusoro Mining Ltd. Appoints George Salamis as President
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