Rusoro Mining Ltd.
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Rusoro Mining News


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February 09, 2009
OSC Sets Hearing Date to Consider Cease Trade of Gold Reserve Poison Pill

Vancouver, Canada -- Rusoro Mining Ltd. (TSX-V:RML) ("Rusoro" or the "Company") confirmed that the Ontario Securities Commission (the "OSC") has set a hearing date to consider cease trading Gold Reserve Inc.'s shareholders rights plan pursuant to an application made by Rusoro in connection with its takeover bid for Gold Reserve Inc. ("Gold Reserve"). The hearing before the OSC will take place Thursday, February 12, 2009 at 10:00 am Eastern Time. Rusoro has made an application to the OSC re...
February 02, 2009
Rusoro Applies for Order to Terminate Gold Reserve Poison Pill

Vancouver, Canada - Rusoro Mining Ltd. (TSX-V:RML) ("Rusoro" or the "Company") announced today that in connection with its takeover bid (the "Bid") for Gold Reserve Inc. ("Gold Reserve") it has applied for an order from the Ontario Securities Commission ("OSC") to cease trade Gold Reserve's shareholders rights plan (more commonly known as a "poison pill"). The OSC is expected to set a hearing date shortly. Rusoro expects the hearing to be held prior to the expiry of its Bid, and it intends t...
January 19, 2009
Rusoro Extends Expiry Date of Gold Reserve Takeover Bid

Comments on Gold Reserve's Proposal to Sue Venezuelan Government Vancouver, Canada -- Rusoro Mining Ltd. (TSX-V:RML) ("Rusoro" or the "Company") announced today that its offer to acquire all of the outstanding Class A common shares and equity units of Gold Reserve Inc. (together, the "Gold Reserve Equity") on the basis of three Rusoro shares for each Gold Reserve share or equity unit (the "Offer") has been extended to 5:00 p.m. (Eastern time) on February 18, 2009 (the "Expiry Time"). ...
January 14, 2009
Rusoro Reports Record Gold Production and Record Low Cash Costs for Q4 2008

Further Government Approvals Received - Rusoro Advances Environmental Permit to Mine at Increible 6 Vancouver, Canada - Rusoro Mining Ltd. (TSX-V:RML) ("Rusoro" or the "Company") is pleased to report that it has reached record quarterly gold production (38,868 ounces) in Q4 2008 and record low cash costs (US$358 per ounce) for the same period at the Choco 10 operations which the Company acquired as of November 30, 2007. In addition, the Company is delighted to confirm that the Ministr...
January 05, 2009
Rusoro Responds to Gold Reserve's Directors' Circular and Ongoing Defensive Tactics

Vancouver, Canada - Rusoro Mining Ltd. (TSX-V:RML) ("Rusoro" or the "Company") is pleased to confirm that, in spite of continued defensive tactics by Gold Reserve Inc. ("Gold Reserve"), Rusoro is committed to providing Gold Reserve shareholders the opportunity to consider Rusoro's bid for 100% of the shares of Gold Reserve (the "Bid") on its merits. The Bid was launched on December 15, 2008, it remains open, and Gold Reserve shareholders are free to tender their shares to the bid at any time pr...
December 29, 2008
Entrenched Gold Reserve Management Continues to Attempt to Disenfranchise its own Shareholders

Vancouver, Canada - Rusoro Mining Ltd. (TSX-V:RML) ("Rusoro" or the "Company") has learned by way of Gold Reserve Inc. ("GRZ" or "Gold Reserve") press release issued on or after 4:00 pm Eastern time on December 24, 2008, that the board of directors of Gold Reserve has amended its shareholder rights plan (the "GRZ Plan") without obtaining GRZ shareholder approval. The amendments to the GRZ Plan include extending the definition of a "Permitted Bid" under the GRZ Plan to exclude a bid from an ...
December 19, 2008
Rusoro Mails Bid Documents To Gold Reserve Shareholders; Amends Filing

Vancouver, Canada -- Rusoro Mining Ltd. (TSX-V:RML) ("Rusoro" or the "Company") Rusoro has mailed its offer and circular prepared in connection with its offer to purchase (the "Offer") all of the outstanding Class A common shares and equity units of Gold Reserve Inc. ("Gold Reserve") to Gold Reserve shareholders. Rusoro announced the Offer on December 15, 2008. Under the Offer, Gold Reserve shareholders and equity unitholders are entitled to receive three Rusoro common shares for each Gold...
December 19, 2008
Rusoro Reports Record Gold Production and Record Low Cash Costs at Choco 10

Vancouver, Canada - Rusoro Mining Ltd. (TSX-V:RML) ("Rusoro" or the "Company") is pleased to report that it has achieved record gold production at historically low cash costs at its Choco 10 mine for November 2008. The Company also reports that operations at the Isidora mine continue to exceed its expectations. Both mines are located near the town of El Callao in Bolivar State, Venezuela. Recent production highlights include: ...
December 18, 2008
Rusoro To Defend Against Gold Reserve's Attempts To Disenfranchise Its Own Shareholders

Vancouver, Canada - Rusoro Mining Ltd. (TSX-V:RML) ("Rusoro" or the "Company") is pleased to announce that it is committed to defending the action brought by Gold Reserve Inc. ("Gold Reserve") so that Gold Reserve's shareholders and equity unitholders can consider Rusoro's premium take-over bid (the "Bid") on its merits. As of December 12, 2008 (the last trading day before the Bid was announced), the Bid represented a value of C$1.08 per Gold Reserve share, a premium of 140% on closing pric...
December 16, 2008
Rusoro Fully Committed To Its Bid For Gold Reserve

Vancouver, Canada -- Rusoro Mining Ltd. (TSX-V:RML) ("Rusoro" or the "Company") is pleased to confirm its commitment to Gold Reserve shareholders and equity unitholders in respect of its premium, 3-for-1, all-share bid announced yesterday (the "Bid"). As of December 12, 2008 (the last trading day before the Bid was announced), the Bid represented a premium of 14...
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