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Orosur Mining Grants Options And Shares In Place Of Cash (ALLISS)

Wed, 01st Jun 2016 17:23

LONDON (Alliance News) - Orosur Mining Inc on Wednesday said it granted a total of 128,679 stock options and 83,777 shares to directors and officers in lieu of 20% of their standard cash compensation for the period that began March 1 and ended May 31, equivalent to USD29,512.50 in cash.

All options are fully vested and are exercisable at a price of CAD0.18 per share, on or before June 1, 2021.

Shares in Orosur Mining closed up 1.3% at 9.62 pence on London's AIM Wednesday.

By Samuel Agini; samagini@alliancenews.com; @samuelagini

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