Rusoro Mining Ltd. — Capital/Financing Update 2020

Sep 3, 2020

Trading symbol (TSX-V): RML

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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

T e l : 6 0 4 - 6 0 9 - 6 1 1 0  F a x : 6 0 4 - 6 0 9 - 6 1 4 5

W e b s i t e : w w w . r u s o r o . c o m

September 3, 2020

Rusoro Grants Stock Options

Vancouver, Canada -- Rusoro Mining Ltd. (the "Company" or "Rusoro") announces that it has granted an aggregate of 4,325,000 stock options under the Company's stock option plan to insiders, employees and consultants of the Company with an exercise price of $0.05 per stock option, exercisable for a period of ten years from the date of grant, subject to approval of the TSX Venture Exchange.

ON BEHALF OF THE BOARD

"Andre Agapov"

Andre Agapov, President & CEO

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.