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Pin to quick picksOrosur Mining Share News (OMI)

Share Price Information for Orosur Mining (OMI)

London Stock Exchange
Share Price is delayed by 15 minutes
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Share Price: 4.65
Bid: 4.50
Ask: 4.80
Change: 0.30 (6.90%)
Spread: 0.30 (6.667%)
Open: 4.35
High: 4.75
Low: 4.25
Prev. Close: 4.35
OMI Live PriceLast checked at -

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AIM WINNERS & LOSERS: Inland Homes falls on major project delays

Tue, 06th Sep 2022 10:43

(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Tuesday.

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AIM - WINNERS

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Orosur Mining Inc, up 44% at 17.25 pence, 12-month range 7.50p-19.00p. Returns substantial, high-grade gold intersection from first three diamond drill holes at the Anza project in Colombia. Intersection of 150.90 metres at 3.00 grammes per tonne of gold from the surface. Adds additional holes are now underway across the Pepas and Pupino prospects on Anza.

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Feedback PLC, up 11% at 0.64 pence, 12-month range 0.47p-1.37p. Wins 12-month contract worth GBP450,000 for the extension of a pilot development programme for Sussex Health & Care Partnership's integrated care system at the Queen Victoria hospital. Company will provide community diagnostic centre services to aid Sussex Health in adopting further clinical pathways. Contract follows on from previously announced memorandum of understanding which began the pilot scheme.

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AIM - LOSERS

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Inland Homes PLC, down 34% at 18.25 pence, 12-month range 17.45p-59.90p. Company experiencing unforeseen planning delays for two major schemes under its Land and Asset Management segments. As a result, the timing of land disposals have been revised. These were expected to contribute over GBP75.0 million in revenue and "significant" profitability to the group. Following the delays, the financial benefit will now be registered in the next financial year ending September 30, 2023. Firm now expects to post a pretax loss of GBP37.1 million for the full-year, widened from previous expectations of a GBP29.3 million loss.

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By Heather Rydings; heatherrydings@alliancenews.com

Copyright 2022 Alliance News Limited. All Rights Reserved.

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25 Mar 2024 15:33

Orosur inks deal to buy back full share in Anza Project

(Sharecast News) - Orosur Mining updated the market on its Anzá Project in Colombia on Monday, the centrepiece of an exploration agreement with Minera Monte Águila (MMA), a joint venture equally owned by Newmont and Agnico Eagle Mines.

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25 Mar 2024 14:23

IN BRIEF: Orosur to regain ownership of Anza project, Colombia

Orosur Mining Inc - South America-focused minerals explorer and developer - Says it will regain full ownership of its Anza project in Colombia, as it aims to repurchase it from Colombian firm, Minera Monte Aguila after having recently signed a letter of intent. Says it plans to reassume ownership and operatorship, with recommencement of drilling underway. The proposed consideration set out in the deal is a net smelter return royalty of 1.5% and cash payments of up to USD15 million, payable upon meeting certain agreed production thresholds. Chief Executive Officer Brad George says: "After such a long period in abeyance, we are excited at the prospect of reassuming ownership and control of Anza at this time of buoyant gold prices and heightened market interest in precious metals. Most importantly, the structure of the transaction whereby all consideration is deferred and contingent upon production allows us to immediately direct our resources into the ground."

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23 Feb 2024 12:19

Orosur's new incentive plan gets TSX approval

(Sharecast News) - Orosur Mining announced on Friday that it has received approval from the TSX-V for its new equity incentive plan, following shareholder endorsement at the annual and special meeting on 20 December.

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22 Feb 2024 17:36

EARNINGS AND TRADING: Astra closes Gracell buy, Amicorp "on track"

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15 Feb 2024 15:49

TRADING UPDATES: Biome wins contract; Orosur Mining raises GBP500,000

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26 Jan 2024 18:42

IN BRIEF: Orosur Mining loss from continuing operations narrows

Orosur Mining Inc - South America-focused minerals explorer and developer - Reports net loss from continuing operations in the three months to November 30 of USD392,000, narrowed from a USD543,000 loss the year prior. No revenue was disclosed. Corporate and administration expenses totalled USD468,000, up from USD436,000 the year before. Cash balance at period end was USD2.1 million, down from USD3.7 million at the same time one year prior.

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Orosur reports progress through its second quarter

(Sharecast News) - Orosur Mining updated the market on its second quarter on Friday, reporting that in Colombia, exploration activities were scaled back as it primarily focussed on regulatory compliance work.

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23 Jan 2024 10:43

Orosur Mining in talks over retaking full control of Colombian project

(Alliance News) - Orosur Mining Inc on Tuesday said negotiations are ongoing over buying Minera Monte Aguila SAS' 51% interest in the Anza project in Colombia.

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Copyright 2023 Alliance News Ltd. All Rights Reserved. 

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30 Oct 2023 12:55

Orosur Mining reports progress in first quarter

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Orosur Mining loss narrows in "very busy progressive" first quarter

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