Rusoro Mining Announces Issuance of Incentive Stock Options

Fri Jun 27, 8:38 PM

VANCOUVER, BRITISH COLUMBIA--(Marketwire - June 27, 2008) - Rusoro Mining Ltd. (the "Company") (TSX VENTURE: RML.V) is pleased to announce that it has granted incentive options under its Stock Option Plan to directors, officers, employees and consultants for the purchase of a total of 4,160,000 shares in the capital of the Company. The options are exercisable on or before June 26, 2018 at the price of $1.31 per share, being the closing price of the Company's shares on the TSX Venture Exchange as of today's close. Further, the Company announces that it has re-priced 1,655,000 outstanding options held by various employees of the Company to a price of $1.31 per share.

ON BEHALF OF THE BOARD

George Salamis, President

"The TSX Venture Exchange has not reviewed and does not take responsibility for the adequacy or accuracy of this release."

Contacts

George Salamis
Rusoro Mining Limited
President
(604) 632-4044 or Toll Free: 1-800-668-0091
(604) 632-4045 (FAX)
Email: info@rusoro.com
Website: www.rusoro.com