REG - Orosur Mining Inc - Sale of stake in Company

Orosur MiningAnnouncement

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RNS Number : 5817T  Orosur Mining Inc  01 August 2025

 

 

 

Orosur Mining Inc

Sale of stake in Company

 

 

London, 1st August 2025. Orosur Mining Inc. ("Orosur" or the "Company")
(TSXV/AIM:OMI), has been notified that Newmont Mining Corporation, who held a
stake of approximately 9.4% in the Company, has sold this holding to several
institutional long-term investors, at a price of C$0.19 per common share of
Orosur. The sale of the stake is in keeping with Newmont's program of non-core
divestments.

 

In its release of yesterday to the Toronto Stock Exchange, after market close,
announcing the sale, Newmont also stated that "Newmont may, depending on
price, market conditions or other conditions or factors it considers relevant
from time to time, increase its beneficial ownership, control or direction
over Common Shares or other securities of Orosur through market transactions,
private agreements or otherwise".

 

 

Orosur Executive Chairman Louis Castro commented:

"Whilst we are sad to see Newmont go, we understand that the sale of the stake
is part of Newmont's strategy of non-core disposals. Newmont has been a loyal
and supportive partner to Orosur. We part on good terms and we welcome a
number of strong and knowledgeable long-term investors as we push further into
an exciting growth phase for the Company. Their investment is testament to the
potential of the projects we are developing"

 

For further information, visit www.orosur.ca (http://www.orosur.ca) , follow
on X @orosurm or 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 / Jen Clarke / Devik Mehta

Tel: +44 (0) 20 3470 0470

 

Turner Pope Investments (TPI) Ltd - Joint Broker

Andy Thacker/James Pope

Tel: +44 (0)20 3657 0050

 

Flagstaff Communications and Investor Communications

Tim Thompson

Mark Edwards

Fergus Mellon

orosur@flagstaffcomms.com

Tel: +44 (0)207 129 1474

 

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.

 

Neither TSX Venture Exchange nor its Regulation Services Provider (as that
term is defined in policies of the TSX Venture Exchange) accepts
responsibility for the adequacy or accuracy of this release.

 

 

About Orosur Mining Inc.

Orosur Mining Inc. (TSXV: OMI; AIM: OMI) is a minerals explorer and developer
currently operating in Colombia, Argentina and Nigeria.

 

 

 

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