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Rusoro Announces $1,250,000 Private Placement and Appointment of Anthony Beruschi to the Board of Directors

Newswire.ca - Mon Aug 29, 2022

/NOT FOR DISTRIBUTION TO UNITED STATES SERVICES OR FOR DISSEMINATION IN THE UNITED STATES/

VANCOUVER, BC, Aug. 29, 2022 /CNW/ - Rusoro Mining Ltd. (TSXV: RML) (the "Company" or "Rusoro") is pleased to announce a non-brokered private placement (the "Financing") of up to 20,000,000 units (each, a "Financing Unit") at a price of $0.0625 per Financing Unit for gross proceeds of up to $1,250,000. Each Financing Unit will consist of one common share of the Company, and one common share purchase warrant (a "Warrant"), with each Warrant entitling the holder to acquire one additional share at a price of $0.10 for a period of five (5) years. There will be one placee associated with the financing, Anthony Beruschi.

Read more at newswire.ca

Provided Content: Content provided by Newswire.ca. The Globe and Mail was not involved, and material was not reviewed prior to publication.

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