Last checked at 17 Sep 2012 07:00
Orosur Mining Inc. ("OMI" or the "Company") (TSX: OMI) (LSE: OMI) announces that, following the exercise of options by employees, today the Company has issued a total of 50,000 Common Shares of the Company ("Common Shares") at CAD 0.40 per share.
Application has been made for 50,000 new Common Shares to be admitted to trading on AIM ("Admission"). It is expected that Admission will become effective and that dealings will commence on September 21, 2012 in respect of those Common Shares.
On Admission, the Company will have 78,113,143 Common Shares in issue.
About Orosur Mining Inc.
Orosur Mining Inc. is a fully integrated gold producer and exploration company focused on identifying and developing gold projects in Latin 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.
Orosur Mining Inc.David Fowler, CEOorIgnacio Salazar, + 56 2 9246800CFOinfo@orosur.caorCanaccord Genuity Limited (Nominated Adviser & Joint Broker)Rob Collins / Andrew Chubb, +44 (0) 20 7523 8000orSeymour Pierce (Joint Broker)Stewart Dickson / Jeremy Stephenson +44 (0) 20 7107 8000orBlythe Weigh Communications (Public Relations and Investor Relations)Tim Blythe: +44 (0) 7816 924626orRobert Kellner: +44 (0) 7800 554377orSamantha Ryan +44 (0) 7947 762658
Copyright Business Wire 2012