Rusoro Provides CITGO Update
Vancouver, British Columbia--(Newsfile Corp. - December 2, 2025) - Rusoro Mining Ltd. (TSXV: RML) (the "Company" or "Rusoro") announces that on November 29, 2025, the U.S. District Court for the District of Delaware, acting through U.S. Circuit Judge Leonard P. Stark, issued an order ("Sale Order") authorizing the sale of the shares of PDV Holding, Inc. ("PDVH"), a U.S. subsidiary of the Venezuelan national oil and gas company, Petróleos de Venezuela, S.A. ("PDVSA") and the indirect 100% owner of Citgo...
2025-12-02 6:11 PM EST
Rusoro Updates CITGO Auction Process
Vancouver, British Columbia--(Newsfile Corp. - November 13, 2025) - Rusoro Mining Ltd. (TSXV: RML) (the "Company" or "Rusoro") announces that the Delaware Court of Chancery, following a hearing earlier today, denied Gold Reserve's request for expedited treatment of its motion for a preliminary injunction. Specifically, Vice Chancellor Lori Will found that Gold Reserve had failed to make an adequate showing that the continuation of the sale process before the federal court in Delaware poses a risk of irreparable injury to...
2025-11-13 1:30 PM EST
Rusoro Announces Closing of Promissory Note Financing
Vancouver, British Columbia--(Newsfile Corp. - July 28, 2025) - Rusoro Mining Ltd. (TSXV: RML) (the "Company" or "Rusoro") announces it has closed a financing of unsecured, non-interest-bearing promissory notes (the "Notes"). In consideration for the notes, the subscribers paid the Company an aggregate of US$1,700,000.The Notes do not have any fixed maturity date. The principal amount payable to the subscribers under the Notes is US$5,100,000 if paid on or before July 31, 2028, and US$6,800,000 if paid after July 31,...
2025-07-28 8:30 AM EDT
Rusoro Announces Grant of Stock Options
Vancouver, British Columbia--(Newsfile Corp. - June 6, 2025) - Rusoro Mining Ltd. (TSXV: RML) (the "Company" or "Rusoro") is pleased to announce that, subject to regulatory approval, it has granted incentive stock options to certain directors, officers and consultants of the Company to acquire an aggregate of 30,000,000 common shares in the capital of the Company at an exercise price of $0.92 (the "Options") in accordance with its 10% rolling Incentive Stock Option Plan. All Options are fully vested as...
2025-06-06 6:36 PM EDT
Rusoro Mining Provides Bi-Weekly MCTO Status Update
Vancouver, British Columbia--(Newsfile Corp. - May 14, 2025) - Rusoro Mining Ltd. (TSXV: RML) (the "Company" or "Rusoro") is providing this bi-weekly default status report in accordance with National Policy 12-203 - Management Cease Trade Orders ("NP 12-203") with respect to the previously announced Management Cease Trade Order (the "MCTO") issued by the British Columbia Securities Commission, as principal regulator, on May 1, 2025.On April 30, 2025, the Company announced that it was unable to file its annual audited financial...
2025-05-14 7:01 PM EDT
Rusoro Mining Announces Delay of Annual Filings
Vancouver, British Columbia--(Newsfile Corp. - April 30, 2025) - Rusoro Mining Ltd. (TSXV: RML) (the "Company" or "Rusoro") announces that it has experienced a delay in filing its financial statements for the year ended December 31, 2024, and the related management's discussion and analysis, and CEO and CFO certifications (collectively, the "Required Filings"), which are required to be filed on or before April 30, 2025.In connection with the anticipated delay, the Company has applied to, and received from, the applicable...
2025-04-30 5:00 PM EDT
Rusoro Announces Credit Bid by Dalinar Energy for CITGO Parent Company and Update Thereof
Vancouver, British Columbia--(Newsfile Corp. - March 24, 2025) - Rusoro Mining Ltd. (TSXV: RML) (the "Company" or "Rusoro") notes that a wholly owned subsidiary of Gold Reserve Ltd. (TSXV: GRZ) (OTCQX: GDRZF) ("Gold Reserve"), Dalinar Energy Corporation ("Dalinar Energy"), previously announced submission of a credit bid to purchase 100% of the common shares of PDV Holding, Inc. ("PDVH"), the indirect parent company of CITGO Petroleum Corp. Rusoro further notes that Dalinar Energy announced that its bid was not recommended by...
2025-03-24 8:30 AM EDT