Rusoro Grants and Re-Prices Incentive Stock Options

Rusoro Mining Ltd. (the "Company") (TSX VENTURE:RML) has granted incentive
options under its Stock Option Plan to certain directors, officers and employees
for the purchase of a total of 5,366,000 shares in the capital of the Company.
The options are exercisable on or before September 1, 2020 at a price of $0.20
per share, being the closing price of the Company's shares on the TSX Venture
Exchange as at today's date. Further, the Company announces that it has
re-priced a total of 4,843,824 outstanding options held by various employees of
the Company to a price of $0.20 per share.


ON BEHALF OF THE BOARD

Andre Agapov, President & Chief Executive Officer

Forward-looking statements: This document contains statements about expected or
anticipated future events and financial results that are forward-looking in
nature and as a result, are subject to certain risks and uncertainties, such as
general economic, market and business conditions, the regulatory process and
actions, technical issues, new legislation, competitive and general economic
factors and conditions, the uncertainties resulting from potential delays or
changes in plans, the occurrence of unexpected events, and the Company's
capability to execute and implement its future plans. Actual results may differ
materially from those projected by management. For such statements, we claim the
safe harbour for forward-looking statements within the meaning of the Private
Securities Legislation Reform Act of 1995.

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