March 14, 2018 / 1:25 PM / 3 months ago

BRIEF-Rusoro Mining Wins Key U.S. Court Ruling Confirming Arbitration Award

* RUSORO MINING - ON MARCH 1, U.S. COURT RULED IN CO’S FAVOUR & REJECTED ALL OF VENEZUELA’S DEFENSES AS PER AUG 16, 2017 ARBITRATION TRIBUNAL FINDINGS

* ‍RUSORO MINING - WILL PURSUE ENFORCEMENT AGAINST VENEZUELA IN ANY OTHER COUNTRY WHERE IT MAINTAINS ASSETS UNTIL AWARD HAS BEEN SATISFIED IN FULL​

* RUSORO MINING - U.S. COURT ALSO HELD THAT THE EXCESS OF $1.3 BILLION AWARD TO BE PAID BY VENEZUELA AS COMPENSATION TO CO WAS VALID & ENFORCEABLE IN U.S. Source text for Eikon: Further company coverage:

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