Business
Rusoro Mining Ltd. - News Release
Trading Symbol: (TSX-V):RML VANCOUVER, March 14 /CNW/ - As a result of a review by the British Co...
About this update from Rusoro Mining Ltd.
[{"type":"text","content":"\n\n\n\nTrading Symbol: (TSX-V):RML\n\n\nVANCOUVER, March 14 /CNW/ - As a result of a review by the British\nColumbia Securities Commission ("BCSC"), Rusoro Mining Ltd. ("Rusoro") is\nissuing the following press release to clarify its disclosure. The BCSC's\nprogram of continuous disclosure review is intended to assist companies with\nimproving the quality of disclosure to shareholders and other investors.\nRusoro is re-filing its Business Acquisition Report (the "BAR") relating to\nthe indirect acquisition of the Venezuelan mining assets of GF Netherlands\nServices B.V. The reason for the re-filing is to amend the pro forma financial\nstatements included with the BAR. The amount of U.S.$590,266,000 previously\nreflected as unallocated purchase price has been reallocated as follows:\nU.S.$894,342,000 to mineral properties and U.S.$304,076,000 to future income\ntax liabilities.\n\n\nON BEHALF OF THE BOARD\n\n\nOF RUSORO MINING LTD.\n\n\n"George Salamis"\n\n\nGeorge Salamis, President\n\n\nThe TSX Venture Exchange has not reviewed and does not accept\n\n\nresponsibility for the adequacy or accuracy of the contents of this press\n\n\nrelease, which has been prepared by management.\n\n\n","length":1306,"tagName":"div"}]