Silver Point Capital, L.P. is pleased to announce that on January 9, 2024, two of its affiliates, DOIP II Luxembourg Strategies S.à r.l. and SPCP Luxembourg Strategies S.à r.l. , entered into an agreement with Fulcrum Global Markets LLC to acquire, in aggregate, 111,920,836 common shares of
Rusoro Mining Ltd. , at USD$0.473122476 per Rusoro Share for a total of USD$52,952,263.05 . Pursuant to the agreement, DOIP will acquire 30,033,493 Rusoro Shares and SPCP will acquire 81,887,343 Rusoro Shares . Prior to entering into the Silver Point Acquisition, none of the Silver Point Entities owned any Rusoro Shares. Following completion of the Silver Point Acquisition, Silver Point will have control or direction over approximately 19.47% of the issued and outstanding Rusoro Shares, wi...