Orosur Mining Regulatory News (OMI)

15 Jan 2010 12:53

15 January, 2010 SYMBOL: OMI (TSX-V and LSE)

Orosur Mining Inc.

Directors Dealing

MONTEVIDEO, Uruguay 14 January, 2010. Orosur Mining Inc. ("OMI" or the "Company"), formerly Uruguay Mineral Exploration Inc., today announces that on 14 January 2010 it was notified that Mr David Fowler, Chief Executive Officer of the Company, had been issued 33,551 common shares in the capital of the Company in consideration for the acquisition by OMI of the 74,000 shares he held in Fortune Valley Inc following the completion of the plan of arrangement. Mr Fowler's interest in the share capital of the Company is now 65,651 shares, representing 0.10 per cent. of the Company's issued share capital.

ENDS

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

About Orosur Mining Inc.

Orosur Mining Inc. is a gold producer and exploration company focused on identifying and developing gold projects in Latin America. The Company is a fully integrated mining company, possessing the skills necessary to explore and develop its discoveries. 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 Argentina.

The Company is quoted in Canada (TSX Venture Exchange) and London (AIM) and Matrix Corporate Capital LLP is its Nominated Adviser and Broker.

For further information, please contact:

Uruguay Mineral Exploration Inc

David Fowler, CEO: + 598 2 6016354; david.fowler@ume.com.uy

Ignacio Salazar, CFO: + 598 2 601 6354; ignacio.salazar@ume.com.uy

Matrix Corporate Capital LLP

Louis Castro, +44 (0) 203 206 7209

Tim Graham, +44 (0) 203 206 7206

The Sherbourne Group

Forbes West (NA toll Free) 888-655-5532

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