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Rusoro Mining News
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December 03, 2007
Rusoro Completes Acqusition Of Gold Field's Venezuelan Assets
Vancouver, Canada - Rusoro Mining Ltd. ("Rusoro") is pleased to announce that it has completed the acquisition of Gold Fields' Venezuelan assets, including the producing Choco 10 mine. As announced on October 11, 2007, this strategic business combination provides Rusoro with immediate gold production and confirms Rusoro as a focused gold company with an exception growth profile.
Pursuant to the terms of the acquisition, all release conditions having been satisfied and the subscription receip... |
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November 29, 2007
Updated 43-101 Accepted for Filing; Rusoro Drills 21m of 8.44g/t at Increible 6
Vancouver, Canada - Rusoro Mining Ltd. is pleased to report that an updated 43-101 report, prepared by Micon International Ltd. for the Increible 6 gold project was accepted for filing on November 23rd 2007. The cut off date for results included in this report was June 11, 2007 and the Company continues to receive results for subsequent drilling from the Increible 6 Project,... |
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November 26, 2007
Rusoro Initiates 50,000 Metre Drill Program at Valle Hondo
Vancouver, Canada - Rusoro Mining Ltd. is pleased to announce that it has initiated a drill program on the Valle Hondo Project 40km SE of the Company's Emilia Mill facilities in Bolivar State, Venezuela.
The Valle Hondo Project currently has NI 43-101 resources of 103,000oz Au indicated (3.5Mt grading 0.92 g/t) and 1,344,000oz Au inferred (47Mt grading 0.89 g/t). Road access has been re-established and the camp and infrastructure completed for the re-start of drilling and exploration on the... |
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November 15, 2007
Rusoro Drills 37m of 9.34g/t Au at Increible 6 All Main Gold Zones Expanded
Vancouver, Canada - Rusoro Mining Ltd. is pleased to give an update on its progress at the Increible 6 project in Bolivar State, Venezuela. Highlights include: ... |
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October 31, 2007
Financing Of $225 Million Closes
(Not for distribution to U.S. newswire services or for dissemination in the United States)
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October 12, 2007
Rusoro Mining Ltd. Raises $210 Million for Acquisition of Gold Fields Venezuelan Assets
Vancouver, Canada - Rusoro Mining Ltd. ("Rusoro") is pleased to announce that it has entered into an underwriting agreement with a syndicate of underwriters co-led by Canaccord Adams Limited and GMP Securities and including PI Financial pursuant to which Rusoro's to be formed wholly owned subsidiary Rusoro Mining BVI Ltd. (Rusoro BVI) will sell 87,500,000 subscription receipts at a price of $2.40 per subscription receipt to raise gross proceeds of CDN $210 million in Rusoro BVI (the "Offering").... |
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October 11, 2007
Rusoro to Acquire Gold Fields' Venezuelan Assets to become Immediate Producer
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September 27, 2007
Rusoro Mining Ltd. Appoints Omar Salas as CFO
Vancouver, Canada - Rusoro Mining Ltd. is pleased to announce the appointment of Mr. Omar Salas to the position of Chief Financial Officer effective immediately. Mr. Salas brings many years of financial expertise in the mining industry to the Company's executive management team.
Mr. Salas has previously held several senior finance oriented positions in the industry, most recently as Director of Finance for Glencairn Gold Corporation. He also brings direct experience in Venezuela as he... |
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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 wa... |
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September 04, 2007
Rusoro Mining Ltd. Appoints George Salamis as President
Trading symbol (TSX-V): RML
Vancouver, Canada - Rusoro Mining Ltd. is very pleased to announce the appointment of George Salamis to the position of President, effective immediately. Mr. Salamis will play a major role in the Company's executive management team as the Company moves forward on a number of corporate and operational initiatives.
Mr. Salamis has previously held senior management positions with well-established mining companies, most notably Placer Dome Inc. and Cameco ... |
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