Rusoro Announces Share Purchases by CEO

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W e b s i t e : w w w . r u s o r o . c o m

March 4, 2020 Trading symbol (TSX-V): RML

Rusoro Announces Share Purchases by CEO

Vancouver, Canada -- Rusoro Mining Ltd. (the "Company" or "Rusoro") announces that it has been

advised that Andre Agapov, President and CEO of the Company, has acquired shares of Rusoro in the public

market. Following the acquisition of 1,929,000 common shares of Rusoro, Mr. Agapov holds an aggregate of

87,066,167 common shares representing 15.98 % of the issued and outstanding shares of the Company. Mr.

Agapov would hold 102,266,167 common shares, which represents 18.26 % on a partially diluted basis

assuming the exercise of his 15,200,000 stock options. Mr. Agapov acquired these securities for investment

purposes and may in the future acquire or dispose of securities of the Company, through the market, privately

or otherwise, as circumstances or market conditions warrant. An early warning report will be filed by Mr.

Agapov in accordance with applicable securities laws.

ON BEHALF OF THE BOARD

"Andre Agapov"

Andre Agapov, President & CEO

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.