Sichenzia Ross Ference LLP Acts as General Counsel in Rusoro Mining Limited’s $1.28 Billion Settlement with Venezuela

Press Release – New York, NY – October 15, 2018 – Sichenzia Ross Ference LLP announced today that it acted as general counsel for Rusoro Mining Limited (TSX-V: “RML”) in its $1.28 billion settlement with Venezuela after the government’s 2011 expropriation of Rusoro’s gold mining properties in the country.

The Firm advised Rusoro on strategy throughout the arbitration and coordinated between the company’s various representatives during the arbitration and enforcement. Sichenzia Ross is also arranging the payment of the settlement, which will be disbursed over a period of five years. Venezuela’s first $100 million payment to Rusoro is to be made by November 15, 2018.

The Sichenzia Ross Ference LLP team was led by Partner Jay Kaplowitz and Associate Huan Lou.

Sichenzia Ross Ference LLP

Sichenzia Ross Ference LLP is a nationally recognized securities and corporate law firm that provides experienced representation in all matters involving the securities industry. Super Lawyers consistently recognizes our attorneys as among the highest rated securities lawyers in the nation. Our attorneys specialize in advising clients on private placements, initial (IPOs) and secondary public offerings, alternative public offerings, preparation of SEC filings and listings on major capital stock exchanges such as the NYSE (New York Stock Exchange), NASDAQ and OTC markets. In addition, our litigation and arbitration attorneys are highly skilled in representing clients from routine lawsuits to complex cases before the SEC, FINRA and other tribunals. We also represent clients in a range of residential and commercial real estate and trusts and estates matters.

Visit SRF's LinkedIn page
Sichenzia Ross Ference LLP