REG - Orosur Mining Inc - Employee Options Exercise

Orosur MiningAnnouncement

23/09/2022 07:00

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RNS Number : 3787A  Orosur Mining Inc  23 September 2022

 

 

 

 

Orosur Mining Inc - Employee Options Exercise

 

 

London, September 23(rd), 2022. Orosur Mining Inc. ("Orosur" or the "Company")
(TSX/AIM:OMI), announces that it has issued 40,000 common shares of no par
value ("Common Shares"), following the exercise of options by a former
employee as follows:

 

Exercise Price
 
   Options

C$
0.05
   40,000

 

Application has been made for the 40,000 Common Shares, which rank pari passu
with the existing Common Shares in issue, to be admitted to trading on AIM
("Admission"). It is expected that Admission will become effective and
dealings will occur at 8:00am UK time on or around 29 September 2022.

No current members of the board, or Company executives have exercised any
options.

Following Admission and for the purposes of the Disclosure Guidance and
Transparency Rules, the Company will have 188,560,300 Common Shares in issue.
Shareholders may use this figure as the denominator for the calculations by
which they will determine if they are required to notify their interest in, or
a change to their interest in, the issued share capital of the Company.

Following Admission, the Company will have 11,499,999 options outstanding.

 

For further information, please contact:

 

Orosur Mining Inc

Louis Castro, Chairman,

Brad George, CEO

info@orosur.ca

Tel: +1 (778) 373-0100

 

SP Angel Corporate Finance LLP - Nomad & Joint Broker

Jeff Keating / Caroline Rowe

Tel: +44 (0) 20 3 470 0470

 

The information contained within this announcement is deemed by the
Company to constitute inside information as stipulated under the Market
Abuse Regulations (EU) No. 596/2014 ('MAR') which has been incorporated
into UK law by the European Union (Withdrawal) Act 2018. Upon the
publication of this announcement via Regulatory Information Service ('RIS'),
this inside information is now considered to be in the public domain.

 

About Orosur Mining Inc.

 

Orosur Mining Inc. (TSX.V: OMI; AIM: OMI) is a minerals explorer and developer
focused on identifying and advancing projects in South America. The Company
operates in Colombia, Argentina and Brazil.

 

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