Rusoro board member says company to seek settlement with Venezuela

Rusoro Mining

23/08/2016 14:31

TORONTO, Aug 23 (Reuters) - Rusoro Mining Ltd.  RML.V  board 
member Gordon Keep said on Tuesday that the company would seek a 
settlement with the Venezuelan government after a World Bank 
tribunal awarded it more than $1.2 billion in an arbitration 
over the country's seizure of the company's gold mine. 
 urn:newsml:reuters.com:*:nL3N1B43S9 
    He told Reuters that the board would "probably give a good 
chunk" of any funds received from Venezuela back to 
shareholders. 
 
 (Reporting by Jim Finkle in Toronto Editing buy W Simon) 
 ((jim.finkle@thomsonreuters.com; +1 617-856-4344; Reuters 
Messaging: jim.finkle.thomsonreuters.com@reuters.us)) 
 
Keywords: RUSORO MINING LAWSUIT/VENEZUELA