Orosur Mining Inc Employee Options Exercise (1506E)
November 04 2020 - 2:00AM
UK Regulatory
TIDMOMI
RNS Number : 1506E
Orosur Mining Inc
04 November 2020
Orosur Mining Inc - Employee Options Exercise
London, November 4, 2020 . Orosur Mining Inc. ("Orosur" or the
"Company") (TSX/AIM:OMI) , announces that it has issued 2,876,670
common shares of no par value ("Common Shares"), representing 1.8%
of the Company's current issued share capital, following the
exercise of options by a number of its employees and former
employees as follows:
Exercise Price Options
C$ 0.105 600,000
C$ 0.235 728,334
C$ 0.24 650,000
C$ 0.11 640,001
C$ 0.05 258,335
Application has been made for the 2,876,670 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 November 9, 2020.
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 163,154,342
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 3,223,314 options
outstanding.
F or 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 Regulation ("MAR " ). Upon the publication of this
announcement via Regulatory Information Service, this inside
information is now considered to be in the public domain .
About Orosur Mining Inc.
Orosur Mining Inc. (TSX: OMI; AIM: OMI) is a precious metals
developer and explorer focused on identifying and advancing gold
projects in South America. The Company operates in Colombia and
Uruguay.
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END
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