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Pin to quick picksOrosur Mining Regulatory News (OMI)

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Orosur Announces Additions to Executive Management Team

20 Jan 2014 07:00

Orosur Mining Inc. (the "Company") (TSX: OMI) (LSE: OMI) is pleased to announce the following recent additions to its senior management team. Jorge Aceituno Sandoval has joined the Company as General Manager, Operations, Ryan Cohen as Vice President, Planning & Corporate Development, and Marcos Moreno Hueyo as Legal Counsel & Company Secretary; all of them reporting to Ignacio Salazar, Chief Executive Officer.

Jorge Aceituno Sandoval, General Manager, Operations

Jorge has over 30 years’ experience working as a geologist and senior manager for South American mining companies. He is a professional geologist and has an MBA from Universidad Católica del Norte. Jorge worked with Barrick from 2008 to December 2012, most recently as General Manager of Operations for Barrick’s Pascua-Lama project, and before at Barrick’s Zaldívar mine. Prior to that, Jorge was General Manager of Compañía Minera Maricunga, Superintendent of Mines at Compañía Minera Zaldívar (prior to Barrick’s acquisition), as a production geologist for Codelco at their Chuquicamata mine and an exploration geologist for Renison Goldfields in Australia.

Ryan Cohen, Vice President, Planning & Corporate Development

Ryan has worked in the mining sector for over 10 years across a broad range of roles including investment banking, investor relations, corporate advisory, corporate development and operations. He currently serves as Vice President, Operations for Sennen Potash, a TSX-Venture listed potash exploration company and has previously held management roles with companies in the natural resource sector. Prior to that, Ryan was a Director, Equity & Debt Capital Markets at Canaccord Genuity. During his time with Canaccord he advised on approximately US$7.5 billion worth of transactions, including financings, M&A, corporate advisory and debt & commodity related finance.

Marcos Moreno Hueyo, Legal Counsel & Company Secretary

Marcos joined the Company in October 2013. He is a graduate Master of Laws (LLM) class ‘08, from Northwestern University School of Law, Chicago, and a lawyer from the Universidad de Buenos Aires, class ‘04. He has over 11 years of legal experience at recognized law firms where he advised on corporate governance, mergers and acquisitions, joint ventures, project finance, contingency control, business law and contracts, and negotiation of complex agreements, to international and local corporations from different industries, including energy and mining.

For an overview of the current full Executive Management team of Orosur, please follow this link: http://www.orosur.ca/management

Ignacio Salazar, CEO of the Company commented:

“On behalf of myself and the Board, we are delighted to welcome Jorge, Ryan and Marcos to our senior management team and wish them the best in their new roles. Individually they bring relevant proven expertise and are respected in their fields. In combination they provide us with an exceptionally competent and seasoned executive group. Their arrival is further evidence of the company’s ability to attract high quality staff and its determination to strive for excellence in the conduct of its business on behalf of shareholders.”

ENDS

About Orosur Mining Inc.

Orosur Mining Inc. is a fully integrated gold producer and exploration company focused on identifying and developing 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 and Chile. The Company is quoted in Canada (TSX: OMI) and London (AIM: OMI).

For more information please visit www.orosur.ca

Orosur Mining Inc.Ignacio Salazar, + 562 2924 6800Chief Executive Officerisalazar@orosur.caorCantor Fitzgerald EuropeStewart Dickson / Jeremy Stephenson, +44 (0) 20 7894 7000

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