Board Change • May 20
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 1 experienced director. 3 highly experienced directors. Independent Director Anthony Beruschi was the last director to join the board, commencing their role in 2022. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. 공시 • Feb 03
Gold Reserve Ltd. Announces Filing of Opposition to Defendant Rusoro Mining Ltd.’s Motion to Dismiss in Delaware Court of Chancery Gold Reserve Ltd. announced that is has filed an Opposition to Defendant Rusoro Mining Ltd.’s (“Rusoro”) Motion to Dismiss in its proceedings in the Court of Chancery of the State of Delaware. In its Verified Complaint filed on November 7, 2025, Gold Reserve alleged that Rusoro knowingly and intentionally breached its contractual obligations owed to Gold Reserve under the parties’ consortium agreement, which dictated how the parties would coordinate and support their joint bid in the judicial sale of PDVH shares pending in the Delaware district court. Gold Reserve seeks a preliminary injunction to enjoin Rusoro from participating in the sale of the PDVH shares, in addition to other forms of relief. In its Opposition, Gold Reserve argues that Rusoro’s Motion to Dismiss puts forward no valid basis for dismissal of Gold Reserve’s claims, and that the Motion should be denied in its entirety. A complete description of the Delaware sale proceedings can be found on the Public Access to Court Electronic Records system in Crystallex International Corporation v. Bolivarian Republic of Venezuela, 1:17-mc-00151-LPS (D. Del.) and its related proceedings. 공시 • Nov 11
Gold Reserve Announces Filing of Complaint in Delaware Court of Chancery Against Rusoro Mining Ltd Gold Reserve Ltd. announced that it has filed a Verified Complaint in the Court of Chancery of the State of Delaware against Rusoro Mining Ltd. (“Rusoro”). The complaint asserts that Rusoro knowingly and materially breached its contractual obligations under a consortium agreement entered into between the companies in connection with the judicially supervised Citgo sale process in Delaware. Gold Reserve is seeking preliminary injunctive relief to enjoin Rusoro from participating in the sale process during the pendency of the action, among other forms of relief. A complete description of the Delaware sale proceedings can be found on the Public Access to Court Electronic Records system in Crystallex International Corporation v. Bolivarian Republic of Venezuela, 1:17-mc-00151-LPS (D. Del.) and its related proceedings. 공시 • Sep 24
Rusoro Mining Ltd., Annual General Meeting, Dec 09, 2025 Rusoro Mining Ltd., Annual General Meeting, Dec 09, 2025. Location: british columbia, vancouver Canada 공시 • Jul 29
Rusoro Mining Ltd. announced that it has received $1.7 million in funding Rusoro Mining Ltd. announced a private placement of non-interest bearing promissory notes for gross proceeds of $1,700,000 on July 28, 2025. The Notes do not have any fixed maturity date. The principal amount payable to the subscribers under the Notes is US$5,100,000 if paid on or before July 31, 2028, and US$6,800,000 if paid after July 31, 2028. The principal amount will only become due and payable from proceeds received by the Company pursuant to any successful enforcement of its arbitral award against the Bolivarian Republic of Venezuela for its unlawful expropriation
of the Company’s Venezuelan investments. 공시 • Oct 08
Rusoro Mining Ltd., Annual General Meeting, Dec 17, 2024 Rusoro Mining Ltd., Annual General Meeting, Dec 17, 2024. Location: british columbia, vancouver Canada Recent Insider Transactions • Sep 26
Independent Director recently sold €151k worth of stock On the 24th of September, Jay Kaplowitz sold around 162k shares on-market at roughly €0.93 per share. This transaction amounted to 4.3% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €13m more than they bought in the last 12 months. Recent Insider Transactions • Sep 12
Independent Director recently sold €105k worth of stock On the 10th of September, Jay Kaplowitz sold around 117k shares on-market at roughly €0.90 per share. This transaction amounted to 3.0% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth €117k. Insiders have been net sellers, collectively disposing of €13m more than they bought in the last 12 months. New Risk • Aug 29
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -US$2.9m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-US$2.9m free cash flow). Negative equity (-US$215m). Earnings have declined by 16% per year over the past 5 years. Revenue is less than US$1m. Minor Risks Share price has been volatile over the past 3 months (7.4% average weekly change). Shareholders have been diluted in the past year (7.0% increase in shares outstanding). Significant insider selling over the past 3 months (€234k sold). New Risk • Aug 02
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of German stocks, typically moving 6.6% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Negative equity (-US$207m). Earnings have declined by 14% per year over the past 5 years. Revenue is less than US$1m. Minor Risks Share price has been volatile over the past 3 months (6.6% average weekly change). Shareholders have been diluted in the past year (7.2% increase in shares outstanding). Significant insider selling over the past 3 months (€8.5m sold). Recent Insider Transactions • Jul 04
Independent Director recently bought €87k worth of stock On the 2nd of July, Anthony Beruschi bought around 100k shares on-market at roughly €0.87 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger purchase worth €186k. Despite this recent purchase, insiders have collectively sold €13m more in shares than they bought in the last 12 months. Recent Insider Transactions • Jun 19
CFO & Corporate Secretary recently sold €116k worth of stock On the 17th of June, Aaron Triplett sold around 130k shares on-market at roughly €0.90 per share. This transaction amounted to 50% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth €6.1m. This was Aaron's only on-market trade for the last 12 months. Recent Insider Transactions • May 27
Independent Director recently sold €6.1m worth of stock On the 22nd of May, Anthony Beruschi sold around 6m shares on-market at roughly €1.01 per share. This transaction amounted to 28% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €13m more than they bought in the last 12 months. Recent Insider Transactions • May 02
Independent Director recently sold €86k worth of stock On the 26th of April, Anthony Beruschi sold around 100k shares on-market at roughly €0.86 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger sale worth €666k. Insiders have been net sellers, collectively disposing of €3.0m more than they bought in the last 12 months. Recent Insider Transactions • Feb 16
Independent Director recently sold €666k worth of stock On the 12th of February, Anthony Beruschi sold around 1m shares on-market at roughly €0.65 per share. This transaction amounted to 4.0% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €2.0m more than they bought in the last 12 months. Recent Insider Transactions • Feb 06
Independent Director recently sold €92k worth of stock On the 31st of January, Anthony Beruschi sold around 146k shares on-market at roughly €0.63 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger sale worth €469k. Insiders have been net sellers, collectively disposing of €1.2m more than they bought in the last 12 months. Recent Insider Transactions • Jan 26
Independent Director recently sold €140k worth of stock On the 19th of January, Anthony Beruschi sold around 250k shares on-market at roughly €0.56 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger sale worth €394k. Insiders have been net sellers, collectively disposing of €573k more than they bought in the last 12 months. Recent Insider Transactions • Jan 18
Independent Director recently sold €394k worth of stock On the 12th of January, Anthony Beruschi sold around 741k shares on-market at roughly €0.53 per share. This transaction amounted to 2.7% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €386k more than they bought in the last 12 months. New Risk • Nov 23
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 2.2% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (13% average weekly change). Negative equity (-US$187m). Earnings have declined by 12% per year over the past 5 years. Revenue is less than US$1m. Minor Risk Shareholders have been diluted in the past year (2.2% increase in shares outstanding). 공시 • Nov 21
Rusoro Mining Ltd. announced that it has received CAD 1 million in funding On November 20, 2023, Rusoro Mining Ltd. closed the transaction. 공시 • Nov 03
Rusoro Mining Ltd. announced that it expects to receive CAD 1 million in funding Rusoro Mining Ltd. announced a non-brokered private placement of up to 2,500,000 common shares at a price of CAD 0.40 per common share for proceeds of up to CAD 1,000,000 on November 2, 2023. All securities issued under the financing are subject to TSX Venture Exchange approval and will be subject to a four month and one day hold period after the date of closing. 공시 • Oct 06
Rusoro Mining Ltd., Annual General Meeting, Dec 12, 2023 Rusoro Mining Ltd., Annual General Meeting, Dec 12, 2023. Board Change • Nov 16
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. No experienced directors. 6 highly experienced directors. Independent Director Anthony Beruschi was the last director to join the board, commencing their role in 2022. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Board Change • Apr 27
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. No experienced directors. 7 highly experienced directors. President, CEO & Director Andre Agapov was the last director to join the board, commencing their role in 2007. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.