Rusoro Mining Ltd.
Rusoro Mining Ltd.

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Rusoro Mining News


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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...
December 15, 2008
Rusoro Launches Take-Over Bid for Gold Reserve

Vancouver, Canada -- Rusoro Mining Ltd. (TSX-V:RML) ("Rusoro" or the "Company") today announced a take-over bid (the "Take-Over Bid") for Gold Reserve Inc. ("Gold Reserve", TSX:GRZ -- AMEX:GRZ). Rusoro is offering Gold Reserve shareholders and equity unit holders (collectively, the "Gold Reserve Equityholders") 3 Rusoro common shares for each Gold Reserve Class A common share and each Gold Reserve equity unit (collectively, the "Gold Reserve Equity"). The offer values Gold Reserve at C$1.08 per...
December 01, 2008
Rusoro Mining reports Q3 2008 financial results, record low cash costs of US$247 per ounce achieved from September 2008, Rusoro's first full month of gold production at the newly acquired Isidora Mine

Rusoro Mining Ltd. ("Rusoro" or the "Company"), is pleased to report its financial results for the quarter ended September 30, 2008 ("Q3"). The Company's Q3 consolidated financial statements and management's discussion and analysis (MD&A) for the three and nine months periods ended September 30, 2008 have been filed on SEDAR ( www.sedar.com ). All amounts set out in this news release and in the Company's financial sta...
November 03, 2008
Updated Resource Estimate for SREP and Days Vein - Expands Resource and significantly Increases Grade by up to 47%

Vancouver, Canada - The Company is very pleased to report that it has received an updated resource estimate for the San Rafael/El Placer Project (SREP) and the Days Vein, located in the El Dorado District in southeastern Venezuela. The project is 100% owned by Rusoro Mining Ltd, and is strategically located adjacent to the La Camorra Block, currently the subject of a 50/50 Joint Venture with the Venezuelan government. These independent NI 43-101 resource estimates have been prepared by the c...
September 05, 2008
Rusoro Completes Landmark Agreements with Venezuelan Government to Custom Mill Ore for Minerven and Officially Process Ore for the Isidora Mine JV

Vancouver, Canada -- Rusoro Mining is pleased to announce that it has formally completed landmark agreements with MIBAM to custom mill ore from various MINERVEN operations in the El Callao District and to officially begin processing the ore being developed at the Isidora Mine. ...
August 28, 2008
Rusoro Mining Reports Q2 2008 Financial Results

Rusoro Mining Ltd. ("Rusoro" or the "Company"), is pleased to report its financial results for the quarter ended June 30, 2008. The Company's Q2 consolidated financial statements and management's discussion and analysis (MD&A) for the three and six months periods ended June 30, 2008 have been filed on SEDAR ( ). All amounts set out in the Company's financial statements and MD&A are unaudited and in United States doll...
August 28, 2008
Rusoro Responds to Gold Reserve News Release

August 28th, 2008 Trading symbol (TSX-V): RML Vancouver, Canada - In response to the news release issued by Gold Reserve Inc. ("Gold Reserve") on Wednesday August 27, 2008, Rusoro Mining Ltd. ("Rusoro" or the "Company") would like to confirm that it tabled a non-binding expression of interest, which expired at 11:59 pm Vancouver time on Tuesday August 26, 2008. The Company further confirms that it has received a response from Gold Reserve dated August 26, 2008. Since its formation in 2006...
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