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Rusoro Mining Ltd V.RML

Alternate Symbol(s):  RMLFF

Metals & Mining Gold
Rusoro Mining Ltd. is a Canada-based company, which is engaged in the operation, acquisition, exploration and development of gold mining and mineral properties. The Company is a gold producer and explorer, with a land position in the prolific Bolivar State mining region in southern Venezuela. It has gold reserves of approximately 5,584,000 ounces and inferred resources of over 6,805,000 ounces. The Company has two mines in production and ten exploration projects (including development and exploration around the mines) which range from early stage to advanced/development stage gold projects in Venezuela. The Company owns and operates the Choco Mill Facility and has a 95% ownership in the Choco 10 Mine. It holds a 50% ownership interest in the Isidora mine (the Isidora Mine). Its subsidiaries include Proyectos Mineros del Sur, PROMINSUR, C.A., Promotora Minera de Guayana, P.M.G., S.A., Corporacion Aurifera de El Callo, C.A., Corporacion Minera Choco 9 C.A., and Corporacion 80.000 C.A.


TSXV:RML - Post by User

Rusoro Mining Ltd > Nice drop to a ...
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Comment by roberto146on Mar 14, 2024 4:29pm
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Post# 35933543

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Nice drop to a ...

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Nice drop to a ...From the Rusoro homepage:

"Although the Delaware Court has not issued a final determination on the relative priority of the various judgments, based on the guidelines set forth by the Delaware Court on July 27, 2023, Rusoro is seventh in order of priority behind approximately US$3.6 billion in claims from other claimants, plus US$1.95 billion in PDVSA 2020 bonds."
...

Now see the Court document filed 02/29/24.
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