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RUSORO MINING LTD. ANNOUNCES ADDITIONAL WARRANT ISSUANCE
RUSORO MINING LTD. ANNOUNCES ADDITIONAL WARRANT ISSUANCE Canada NewsWire VA...
About this update from Rusoro Mining Ltd.
[{"type":"text","content":"\n \n \n \n RUSORO MINING LTD. ANNOUNCES ADDITIONAL WARRANT ISSUANCE\n \n \n /* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n \n \n \n \n \n \n Canada NewsWire\n \n \n \n \n \n \n VANCOUVER, BC\n \n \n ,\n \n \n June 7, 2023\n \n \n /CNW/ -\n \n Rusoro Mining Ltd.\n \n (TSXV: RML)\n \n (\n \n the\n \n \"Company\"\n \n or\n \n \"Rusoro\")\n \n Further to the Company's news release of\n \n April 4, 2023\n \n announcing the closing of a non-brokered private placement of unsecured, non-interest bearing, promissory notes (the \"\n \n Notes\n \n \") for an aggregate consideration of\n \n US$2,055,000\n \n , the Company has issued an additional 3,132,500 non-transferable share purchase warrants (the \"\n \n Warrants\n \n \") to the Note subscribers entitling them to purchase an aggregate of 3,132,500 common shares at a price of\n \n US$0.10\n \n per common share on or before\n \n April 4, 2028\n \n . If the Notes are repaid at any time during the term of the Warrants, the expiry date of the Warrants will be accelerated to a date that is thirty days from the date of repayment. Common Shares acquired on exercise of the Warrants will be subject to a four month hold period expiring on\n \n October 8, 2023\n \n .\n \n \n \n ON BEHALF OF THE BOARD\n \n \n \n \n \n \"Andre Agapov\"\n \n \n \n \n Andre Agapov\n \n , President & CEO\n \n \n NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.\n \n \n \n \n Forward-looking statements:\n \n \n \n \n \n \"This press release contains \"forward-looking information\" and \"forward-looking statements\" within the meaning of applicable securities laws. This information and statements address future activities, events, plans, developments and projections. All statements, other than statements of historical fact, constitute forward-looking statements or forward-looking information. Such forward-looking information and statements are frequently identified by words such as \"may,\" \"will,\" \"should,\" \"anti...