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Orosur Mining Inc. announced on April 22, 2025, that it issued 83,333 common shares, representing 0.03% of its current issued share capital, following the exercise of options by a consultant at C$0.06 per share. Application has been made for these shares to be admitted to AIM, with admission expected on or around April 25, 2025, after which the Company will have 312,523,237 Common Shares in issue and 4,961,668 options outstanding.
| Date | 22 Apr 2025 |
| Time | 07:00:13 |
| Category | Capital structure |
| ID | 5598F |
Orosur Mining Inc - Consultant Exercises Options
London, April 22, 2025. Orosur Mining Inc. ("Orosur" or the "Company") (TSXV/AIM:OMI), announces that it has issued 83,333 common shares of no par value ("Common Shares"), representing 0.03% of the Company's current issued share capital, following the exercise of 83,333 options by a consultant of the Company at an exercise price of C$0.06 per Common Share.
Application has been made for the 83,333 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 April 25, 2025.
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 312,523,237 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 4,961,668 options outstanding.
For further information, visit www.orosur.ca, follow on X @orosurm or please contact:
Orosur Mining Inc
Louis Castro, Chairman,
Brad George, CEO
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
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.