Rusoro Mining Ltd. — Audit Report / Information 2024

Oct 22, 2024

S u i t e 3 1 2 3 – 5 9 5 B u r r a r d S t r e e t V a n c o u v e r , B C V 7 X 1 J 1

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NOTICE OF CHANGE OF AUDITOR

TO: BDO Canada LLP, Chartered Professional Accountants

Doane Grant Thornton LLP, Chartered Professional Accountants ( formerly Grant Thornton LLP )

AND TO: British Columbia Securities Commission

Alberta Securities Commission

Ontario Securities Commission

Autorité des Marchés Financiers du Quebéc

RE: Notice Regarding Change of Auditor Pursuant to Section 4.11 of National Instrument 51102– Continuous Disclosure Obligations (“ NI 51-102 ”).

Notice is hereby given, pursuant to Section 4.11 of NI 51-102, of a change of auditor of Rusoro Mining Ltd. (the “ Company ”)

1. On October 11, 2024 (the “ Effective Date ”), Grant Thornton, LLP (the “ Former Auditor ”) resigned as auditor of the Company at the request of the Company.

2. The Company’s audit committee and board of directors considered and approved the resignation of the Former Auditor as auditor of the Company and the appointment of BDO Canada LLP (the “ Successor Auditor ”) as successor auditor effective as of the Effective Date.

1. There were no reservations in the Former Auditor’s reports on the Company’s annual consolidated financial statements for the period commencing at the beginning of the Company’s two most recently completed financial years and ending on the Effective Date.

2. In the opinion of the Company, there have been no “reportable events” (as such term is defined in section 4.11(1) of NI 51-102) between the Company and the Former Auditor.

Dated at Vancouver, British Columbia this 11[th] day of October, 2024.

RUSORO MINING LTD.

/s/ Aaron Triplett

Aaron Triplett Chief Financial Officer