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Rusoro Offer for Gold Reserve Expires
posted on
Feb 18, 2009 12:16PM
February 18, 2009
Rusoro Offer for Gold Reserve Expires
VANCOUVER, BRITISH COLUMBIA--(Marketwire - Feb. 18, 2009) - Rusoro Mining Ltd. (TSX VENTURE:RML) ("Rusoro" or the "Company") announced that its offer to purchase all of the common shares of Gold Reserve Inc. (TSX:GRZ)(NYSE Alternext US:GRZ) expired today and, because the conditions to its offer were not met, Rusoro will not take up any securities deposited under the offer. All deposited securities will be returned to security holders.
About Rusoro
Rusoro is a junior gold producer with a large land position in the prolific Bolivar State region of Venezuela. The Company operates the Choco 10 and Isidora mines, processing the ore through the Choco 10 mill facility near the town of El Callao.
