Orosur Mining Inc. Issue of Ordinary Shares upon Exercise of Stock Options
Orosur Mining Inc
Orosur Mining Inc. ("OMI" or the "Company") (TSX: OMI) (LSE: OMI) announces that, following the exercise of options by employees, today the Company has issued a total of 41,668 Common Shares of the Company (“Common Sharesâ€) at CAD 0.395 per share.
Application has been made for 41,668 new Common Shares to be admitted to trading on AIM (“Admissionâ€). It is expected that Admission will become effective and that dealings will commence on June 11, 2012 in respect of those Common Shares.
On Admission, the Company will have 78,063,143 Common Shares in issue.
About Orosur Mining Inc.
Orosur Mining Inc. is a fully integrated gold producer and exploration company focused on identifying and developing gold projects in Latin America. The Company operates the only producing gold mine in Uruguay (San Gregorio), and has assembled an exploration portfolio of high quality assets in Uruguay and Chile.
Orosur Mining Inc
David Fowler
CEO
or
Ignacio
Salazar, + 56 2 9246800
CFO
info@orosur.ca
or
Canaccord
Genuity Limited (Nominated Adviser & Broker)
Rob Collins /
Andrew Chubb, +44 (0) 20 7523 8000
or
Blythe Weigh
Communications (Investor Relations)
Tim Blythe, +44 (0) 7816
924626
or
Susan Mckenzie, + 44 (0) 7919 050828
or
Robert
Kellner, +44 (0) 7800 554377