Rusoro Grants Stock Options

S u i t e 3 1 2 3 – 5 9 5 B u r r a r d S t r e e t

V a n c o u v e r , B C V 7 X 1 J 1

T e l : 6 0 4 - 609 - 6110  F a x : 6 0 4 - 609 - 6145

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

Suite 3123 – 595 Burrard Street

Vancouver, BC V7X 1J1

Tel: 604-609-6110

www.rusoro.com

January 29, 2018 Trading symbol (TSX-V): RML

Rusoro Grants Stock Options

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

an aggregate of 4,725,000 stock options under the Company's stock option plan to insiders, employees and

consultants of the Company with an exercise price of $0.08 per stock option, exercisable for a period of ten

years from the date of grant, subject to approval of the TSX Venture Exchange.

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.