RML Rusoro Mining Ltd

Rusoro Mining Ltd. ("Rusoro") (TSX VENTURE:RML) is pleased to announce that on
June 22, 2010 ("Closing Date") it made the second installment of the outstanding
restructured senior secured exchangeable loan which was due on July 10, 2010
(the "Loan") as per the definitive Amendment and Restatement Agreement relating
to the Loan with Petropavlovsk PLC (formerly Peter Hambro Mining PLC) as lender
and agent in respect of the Loan and the other lenders.  All amounts in this
news release are in United States dollars unless otherwise stated.


The syndicate of lenders includes Petropavlovsk PLC, Lansdowne U.K. Equity Fund
Limited, Lansdowne U.K. Equity Fund L.P., Lansdowne U.K. Strategic Investment
Master Fund Limited, Endeavour Financial Corporation (formerly Endeavour Mining
Capital Corp.), and BlackRock Natural Resources Hedge Fund Limited
(collectively, the "Lenders").


As required by the Amendment and Restatement Agreement, Rusoro made the first
principal payment of $17 million to the Lenders on June 10, 2010, together with
all accrued but unpaid interest on the Loan to that date, which totaled $3
million. As further required by the Amendment and Restatement Agreement, Rusoro
made the second principal payment of $13 million to the Lenders on June 22,
2010, together with all accrued, but unpaid interest. The Amendment and
Restatement Agreement further provides, among other things, that:




1.  Rusoro will make a final principal payment of $30 million (the "Reduced
    Principal") by no later than June 10, 2011; 
2.  The Reduced Principal will carry interest at the rate of 10% per annum,
    which will be payable in equal installments on September 10, 2010,
    December 10, 2010, March 10, 2011 and June 10, 2011; 
3.  The Loan exchange price in respect of the Reduced Principal has been
    adjusted to C$0.40 per Rusoro common share (subject to certain anti-
    dilution adjustments); and 
4.  Rusoro issued to the Lenders warrants to purchase 30 million Rusoro
    common shares at an exercise price of C$0.40 per share exercisable until
    January 10, 2012. 



ON BEHALF OF THE BOARD

Andre Agapov, Chief Executive Officer and President.

Forward-looking statements: This document contains statements about expected or
anticipated future events and financial results that are forward-looking in
nature and as a result, are subject to certain risks and uncertainties, such as
general economic, market and business conditions, the regulatory process and
actions, technical issues, new legislation, competitive and general economic
factors and conditions, the uncertainties resulting from potential delays or
changes in plans, the occurrence of unexpected events, and the Company's
capability to execute and implement its future plans. Actual results may differ
materially from those projected by management. For such statements, we claim the
safe harbour for forward-looking statements within the meaning of the Private
Securities Legislation Reform Act of 1995.

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