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Rusoro Mining ( OTCPK:RMLFF ) announced Monday a private placement offering of $1.25M worth units.
The offering comprises of issue of 20M units priced at $0.0625. Each unit will include one common share and one share purchase warrant to acquire additional share at $0.10 each within a period of 5-year term.
In addition, the company has announced the appointment of Anthony Beruschi as a director of the Board as Abraham Stein steps down, effective Aug. 29, 2022.