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Pin to quick picksOrosur Mining Regulatory News (OMI)

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Chief Financial Officer & Company Secretary Appointment

3 Dec 2014 07:00

Chief Financial Officer & Company Secretary Appointment

SANTIAGO, Chile, December 3, 2014. Orosur Mining Inc. (“Orosur” or the “Company”) (TSX: OMI) (AIM: OMI), a South American-focused gold producer, developer and explorer is pleased to announce the appointment of Daniel Moretti as Chief Financial Officer and Company Secretary, with immediate effect.

Appointment of Daniel Moretti

Mr. Daniel Moretti has extensive experience in finance, accounting, strategic planning and tax planning, having spent over 30 years with Shell Oil fulfilling such roles in Latin America, the Middle East and the United Kingdom. His most recent appointment was Financial Controller, Latin America with Shell Oil. Mr. Moretti is a qualified public accountant from the University of Buenos Aires and has completed executive training at the Harvard Business School, London Business School and Wharton Business School.

Retention of Gustavo Licandro

Mr. Gustavo Licandro has been Orosur’s interim Chief Financial Officer since July 2013. The Company is pleased to announce that Mr. Licandro will remain a senior adviser to the Board. Mr. Licandro was previously Uruguayan Deputy Minister of Economy and Financing in the early 1990s and brings significant expertise in strategy, financial analysis and political insight to the Company.

Ignacio Salazar, CEO of Orosur, said:

“We are pleased to welcome Daniel Moretti as CFO and Company Secretary, whilst also retaining Gustavo Licandro. Gustavo’s remaining a senior advisor to the Board will ensure a smooth transition of responsibilities as well as making optimal use of both Daniel and Gustavo’s respective expertise and skillsets for the benefit of the Company. Both gentlemen are proven senior executives who have much to contribute.”

About Orosur Mining Inc.

Orosur Mining Inc. is a fully integrated gold producer, developer and exploration company focused on identifying and advancing gold projects in South America. The Company operates the only producing gold mine in Uruguay (San Gregorio), and has assembled an exploration portfolio of high quality assets in Uruguay, Chile and Colombia. The Company is quoted in Canada (TSX: OMI) and London (AIM: OMI).

For more information please visit www.orosur.ca or contact:

Orosur Mining Inc Ignacio Salazar, Chief Executive Officerinfo@orosur.caTel: + 562 2924 6800

Cantor Fitzgerald Europe Stewart Dickson / Jeremy StephensonTel: +44 (0) 20 7894 7000

FTI Consulting Ben Brewerton / Oliver Winters / Sara PowellTel: +44 (0) 20 3727 1000

Copyright Business Wire 2014

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