Rusoro Mining Ltd. announced that Mr. Anthony Beruschi, B.Sc., LLB has agreed to become a director of the Company effective immediately. A senior securities, mining and corporate lawyer, Mr. Beruschi's Venezuela experience began before the world famous Kilometre 88 gold rush of the 1990's where his leadership as legal counsel and the director working with Venezuelan owners of resource property interests, local banking groups and financiers on behalf of a Canadian mineral resource company were instrumental in that company's Kilometer 88 acquisition successes. A member of the Law Society of British Columbia, his includes complex litigation resulting from Canadian and international expropriation of mineral property interests and rights.

Mr. Beruschi brings over 35 years of international project management, investing and dispute resolution experience as a lawyer, corporate director, officer, manager and venture capitalist for Canadian based resource companies to the Company. Mr. Beruschi has been a long term investor in the Company. Mr. Beruschi will be replacing Abraham Stein, who resigned from the Board of Directors effective August 29th, 2022.