Exercise of Warrants

Orosur Mining Inc

24 December 2024

 

Orosur Mining Inc

Exercise of Warrants, Issue of Shares and Total Voting Rights

London, 24 December, 2024, Orosur Mining Inc. ("Orosur" or "the Company") (AIM/TSXV: OMI), a minerals explorer and developer with projects in Colombia, Argentina and Nigeria, advises that, following an exercise of warrants at an exercise price of US$0.0494 (approximately 3.952p) each, the Company has issued 699,640 new common shares of no par value each ("Common Shares") for a total consideration of US$34,562.

Application will be made for the 699,640 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 3^rd January 2025.

Following Admission, the Company's new issued share capital will comprise 256,158,737 Common Shares. This share figure includes the shares to be admitted on 30^th December 2024 as announced on 19^th December 2024. When calculating voting rights, shareholders should 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 in their interest in, the share capital of the Company under the FCA's Disclosure and Transparency Rules.

For further information, visit www.orosur.ca, follow on X @orosurm or please contact:

Orosur Mining Inc

Louis Castro, Chairman

Brad George, CEO

[e-mail]

Tel: [phone]

SP Angel Corporate Finance LLP - Nomad & Joint Broker

Jeff Keating / Caroline Rowe

Tel: [phone]

Turner Pope Investments (TPI) Ltd - Joint Broker

Andy Thacker/James Pope

Tel: [phone]

Flagstaff Communications and Investor Communications

Tim Thompson

Mark Edwards

Fergus Mellon

[e-mail]

Tel: [phone]

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.

 

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