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Message: RML for Sale

RML for Sale

posted on Jun 04, 2009 07:51AM

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RML directors and management want to get paid for firing themselves.

Part of the news release;

“Rusoro Mining Ltd. has entered into a trust agreement and a contribution agreement dated Sept. 8, 2008, whereby Rusoro has agreed to pay to a trust established for members of management and the executive committee of the board of directors, a success fee upon the completion of a transaction or series of transactions which results in a change of control of the company.”

If Venezuela wasn't so unfriendly, it might be worthwhile for GRZ to takeover. Wouldn't that be ironic?

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