Rusoro Mining Ltd. announces it has closed a financing of unsecured, non-interest-bearing promissory notes . In consideration for the notes, the subscribers paid the Company an aggregate of US$1,700,000. The Notes do not have any fixed maturity date. The principal amount payable to the subscribers under the Notes is US$5,100,000 if paid on or before July 31, 2028, and US$6,800,000 if paid after July 31, 2028. The principal amount will only become due and payable from proceeds received by the Company pursuant to any successful enforcement of its arbitral award against the Bolivarian Republic of Venezuela for its unlawful expropriation of the Company's Venezuelan investments. Proceeds from the financing will be applied to payment of legal expenses relating to the Company's ongo...