Orosur Mining Inc - Granting of RSUs
01/05/2026 07:00
RNS Number : 6850C
Orosur Mining Inc
01 May 2026
Orosur Mining Inc.
Granting of RSUs
London, May 1st, 2026 Orosur Mining Inc. ("Orosur" or "the Company") (TSXV: OMI) (AIM: OMI) announces the granting of an aggregate of 13,650,000 Restricted Stock Units ("RSUs") to directors, officers, employees and consultants of the Company, upon recommendation of the Company's Remuneration Committee, in recognition of the Company's progress and as incentivisation for future performance.
At the Company's AGM held on 17 December 2025, shareholders voted to permit the Company to maintain a "rolling" securities-based compensation plan, reserving for issuance, a maximum of 10% of the issued shares of the Company from time to time.
Further to the award of the RSUs set out above, the total number of shares under Option, RSUs and DSUs is 26,440,004 which represents 6.7% of the non-diluted issued share capital of the Company.
Award of RSUs
In line with the Company's Equity Incentive Plan, which was approved by shareholders at the Company's AGM in December 2023 and as updated, amended, and approved at the AGM in December 2025, officers, employees and consultants of the Company have been granted a total of 5,950,000 RSUs and 7,700,000 RSUs have been granted to Directors. The RSUs entitle the holder to new common shares of the Company upon the vesting conditions for the RSU being satisfied. There is no price paid for the RSUs and they expire three years after the date of grant. The RSUs shall vest on the first anniversary of the date of this grant.
A summary of Director and Officer RSU grants and resultant interests is as follows:
| Directors & Officers | RSUs awarded | Total RSUs, DSUs and options held | % Shareholding currently held in the Company |
| Louis Castro | 3,100,000 | 4,500,000 | 0.05% |
| Brad George | 3,100,000 | 1,940,000 | 0.41% |
| Thomas Masney | 750,000 | 585,000 | 0.07% |
| Nick von Schirnding | 750,000 | 720,000 | 0.11% |
| Joaquin Sarroca | 1,600,000 | 1,205,000 | 0.15% |
| Omar Gonzalez | 200,000 | 183,334 | nil% |
| Total | 9,500,000 | 9,133,334 | 0.79% |
| 1 | Details of person discharging managerial responsibilities/person closely associated | |
| a) | Full Name | i. Louis Castro ii. Bradley George iii. Thomas Masney iv. Nick von Schirnding v. Joaquin Sarroca vi. Omar Gonzalez |
| 2 | Reason for notification | |
| a) | Position/Status | i) Chairman of the Board ii) CEO and Director iii) Non-Executive Director iv) Non-Executive Director v) Company Secretary and Corporate Counsel vi) CFO |
| b) | Initial notification/amendment | Initial notification |
| 3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |
| a) | Name | Orosur Mining Inc |
| b) | LEI | 213800CRYQM3M8G1OI19 |
| 4 | Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted. | |
| a) | Description of the financial instrument, type of instrument | Grant of Restricted Stock Units ("RSUs") |
| b) | Identification code | ISIN:CA6871961059 |
| c) | Nature of transaction | Grant of RSUs |
| d) | Prices and volumes | i) 3,100,000 RSUs ii) 3,100,000 RSUs iii) 750,000 RSUs iv) 750,000 RSUs v) 1,600,000 RSUs vi) 200,000 RSUs |
| e) | Aggregated information | Grant of a total of 9,500,000 RSUs at nil price |
| f) | Date of transaction | May 1st, 2026 |
| g) | Place of transaction | Outside of trading venue |