Rusoro Announces Grant of Stock Options

Rhea-AI Summary

Rusoro Mining (TSXV: RML) has announced the grant of 30,000,000 incentive stock options to its directors, officers, and consultants. The options are exercisable at $0.92 per share and have been fully vested upon grant. These options will expire on June 6, 2035, providing a 10-year exercise window. The grant is subject to regulatory approval and aligns with the company's 10% rolling Incentive Stock Option Plan.

Positive

• None.

Negative

• Large number of stock options (30 million shares) could lead to potential future dilution for existing shareholders
• Options granted at $0.92 with immediate vesting may raise concerns about immediate selling pressure

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 at the date of grant and exercisable for a 10-year term expiring June 6, 2035.

ON BEHALF OF THE BOARD

"Andre Agapov"
Andre Agapov, President & CEO

For further information, please contact:

Rusoro Mining Ltd.
Gordon Keep
E; gkeep@fiorecorporation.com
T: 604 609-6110

Cautionary Note Regarding Forward-Looking Information and Statements:

"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," "anticipate," "plan," "expect," "believe," "estimate," "intend" and similar terminology, and reflect assumptions, estimates, opinions and analysis made by management of Rusoro Mining Ltd. in light of its experience, current conditions, expectations of future developments and other factors which it believes to be reasonable and relevant. Forward-looking information and statements involve known and unknown risks and uncertainties that may cause Rusoro's actual results, performance and achievements to differ materially from those expressed or implied by the forward-looking information and statements and accordingly, undue reliance should not be placed thereon.

Risks and uncertainties that may cause actual results to vary include but are not limited to the availability of financing; fluctuations in commodity prices; changes to and compliance with applicable laws and regulations, including environmental laws and obtaining requisite permits; political, economic and other risks; as well as other risks and uncertainties which are more fully described in our annual and quarterly Management's Discussion and Analysis and in other filings made by us with Canadian securities regulatory authorities and available at www.sedar.com. Rusoro Mining Ltd. disclaims any obligation to update or revise any forward-looking information or statements except as may be required."

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.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/254854

FAQ

How many stock options did Rusoro Mining (RMLFF) grant in June 2025?

Rusoro Mining granted 30,000,000 incentive stock options to its directors, officers, and consultants.

What is the exercise price for Rusoro Mining's June 2025 stock options?

The exercise price for the stock options is $0.92 per share.

When do Rusoro Mining's June 2025 granted stock options expire?

The stock options expire on June 6, 2035, providing a 10-year exercise window.

Are the stock options granted by Rusoro Mining in June 2025 immediately vested?

Yes, all options are fully vested as of the date of grant.