Last checked at 26 Aug 2016 07:00
Orosur Mining Inc. (“Orosur” or “the Company”) (TSX/AIM:OMI), the South American-focused gold producer, developer and explorer announces that it has issued 610,000 common shares of no par value ("Common Shares") following the exercise of options on 24 August 2016 by a number of its employees as follows:
| Exercise Price | Options | ||||
| C$0.105 | 250,000 | ||||
| C$0.185 | 360,000 | ||||
| Total | 610,000 | ||||
Application has been made for the 610,000 Common Shares, which rank pari passu with the existing Common Shares in issue, to be admitted to trading on AIM and admission is expected to occur at 8:00am on or around September 1, 2016 ("Admission").
Following Admission, the Company will have in issue 99,558,978 Common Shares and 6,532,559 options outstanding.
For more information please visit www.orosur.ca or contact:
| Orosur Mining IncIgnacio Salazar, Chief Executive Officerinfo@orosur.caTel: +1 (778) 373-0100orCantor Fitzgerald EuropeStewart Dickson / Carrie Drummond / Philip DaviesTel: +44 (0) 20 7894 7000orFTI ConsultingBen Brewerton / Oliver Winters / Sara Powell / Emerson ClarkeTel: +44 (0) 20 3727 1000 |
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).
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