Share Name Share Symbol Market Type Share ISIN Share Description
Orosur Mining Inc LSE:OMI London Ordinary Share CA6871961059 COM SHS NPV
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  3.00 11.32% 29.50 29.00 30.00 33.50 26.50 26.50 2,048,370 14:51:10
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Mining 0.0 -1.2 0.8 38.2 23

OROSUR MINING INC.: Orosur Mining Inc. -- Appointment of Brad George as Non-Executive Director

01/05/2020 7:00am

UK Regulatory (RNS & others)

Orosur Mining (LSE:OMI)
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Orosur Mining Inc. ("Orosur" or "the Company") (TSX/AIM: OMI), a South American-focused gold developer and explorer, is delighted to announce the appointment of Brad George, 54, as Non-Executive Director of the Company with immediate effect.


Mr. George is a geoscientist by profession, with over 30 years' experience in global mineral exploration, development and financing. In particular, Mr. George has a long history in South America, having managed, assessed, and financed projects and companies in a range of countries across the continent. Currently Brad is focused on managing gold and base metals exploration projects in West Africa, and therefore offers broad and specialized skills in mineral exploration across the developing world.


In addition, Mr. George spent several years as a rated mining analyst in London, focusing on AIM listed miners and thus has a sound understanding of capital markets and financial management of exploration, feasibility and development programs.


Mr. George is resident in Perth, Western Australia, is a member of the Australian Institute of Geoscientists, and is a JORC Competent Person for the reporting of mineral exploration results.


Ignacio Salazar, CEO of Orosur, commented:


"We are very pleased to announce the appointment of Brad to the Orosur Board and we are excited that he has chosen to join us, as we advance the Anzá Project in Colombia with Newmont and complete the process in Uruguay whilst progressing other opportunities in South America. Brad has a proven track record of mining excellence in technical, capital markets and general management areas. Brad's significant experience in gold exploration and development will be of great benefit. We now look forward to working with him as we continue to advance the growth plans of the Company."


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. If you have any queries on this, then please contact Ryan Cohen, VP Corporate Development of the Company (responsible for arranging release of this announcement on behalf of the Company) on: +1 (778) 373-0100.


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.


Regulatory Disclosures


The following disclosures are required regarding Bradley William George's appointment pursuant to Rule 17 and Schedule Two paragraph (g) of the AIM Rules for Companies:


Current directorships and partnerships:

   -- Envomines Ltd 
   -- International Geoscience Pty Ltd 
   -- Total Earth Solutions Ltd 

Past directorships and partnerships held over the last 5 years:

   -- Total Earth Solutions Pty Ltd 

Brad has no direct or indirect interest in the Company's ordinary shares.


No further disclosure is required pursuant to AIM Rule 17 and paragraph (g) to Schedule Two of the AIM Rules for Companies.

Orosur Mining Inc

Ignacio Salazar, Chief Executive Officer

Ryan Cohen, VP Corporate Development


Tel: +1 (778) 373-0100

SP Angel Corporate Finance LLP -- Nomad & Joint Broker

Jeff Keating / Caroline Rowe


Tel: +44 (0) 20 3 470 0470


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Orosur Mining Inc.

    SOURCE: Orosur Mining Inc. 
Copyright Business Wire 2020 

(END) Dow Jones Newswires

May 01, 2020 02:00 ET (06:00 GMT)

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