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RML.V ·

Rusoro Announces Grant of Stock Options

Mergers & Acquisitions Corporate Updates

Suite 3123 – 595 Burrard Street

Vancouver, BC V7X 1J1

Tel: 604 - 609 - 6110  Fax: 604 - 609 - 6145

Website: www.rusoro.com

RUSORO ANNOUNCES GRANT OF STOCK OPTIONS

May 28, 2026 - Vancouver, British Columbia, Canada -- Rusoro Mining Ltd. (TSX-V: RML) (the

"Company" or "Rusoro") is pleased to announce that, subject to regulatory approval, it has granted incentive

stock options to certain directors, officers and consultants of the Company to acquire an aggregate of

22,850,000 common shares in the capital of the Company at an exercise price of $ 1.12 (the “Options”) in

accordance with its 10% rolling Incentive Stock Option Plan. All Options are fully vested as at the date of grant

and exercisable for a 10-year term expiring May 28, 2036.

ON BEHALF OF THE BOARD

"Andre Agapov"

Andre Agapov, President & CEO

For further information, please contact:

Rusoro Mining Ltd.

Gordon Keep

E; [email protected]

T: 604 609-6110

Cautionary Note Regarding Forward-Looking Information and Statements:

“This press release contains “forward- looking information” and “forward- looking statements” within the meaning of

applicable securities laws. This information and statements address future activities, events, plans, developments and

projections. All statements, other than statements of historical fact, constitute forward- looking statements or forward-

looking information. Such forward-looking information and statements are frequently identified by words such as “may,”

“will,” “should,” “anticipate,” “plan,” “expect,” “believe,” “estimate,” “intend” and similar terminology, and reflect

assumptions, estimates, opinions and analysis made by management of Rusoro Mining Ltd. in light of its experience,

current conditions, expectations of future developments and other factors which it believes to be reasonable and relevant.

Forward-looking information and statements involve known and unknown risks and uncertainties that may cause

Rusoro’s actual results, performance and achievements to differ materially from those expressed or implied by the

forward-looking information and statements and accordingly, undue reliance should not be placed thereon.

Risks and uncertainties that may cause actual results to vary include but are not limited to the availability of financing;

fluctuations in commodity prices; changes to and compliance with applicable laws and regulations, including

environmental laws and obtaining requisite permits; political, economic and other risks; as well as other risks and

uncertainties which are more fully described in our annual and quarterly Management’s Discussion and Analysis and in

other filings made by us with Canadian securities regulatory authorities and available at www.sedarplus.ca . Rusoro

Mining Ltd. disclaims any obligation to update or revise any forward- looking information or statements except as may

be required.”

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of

the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.