Orosur Mining Inc Exercise of Warrants

RNS Number : 1528S

Orosur Mining Inc

06 January 2025

 

 

Orosur Mining Inc

 

Exercise of Warrants, Issue of Shares and Total Voting Rights

 

London, 6 January, 2025, 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 179,856 warrants at an  exercise price of US$0.0494 (approximately 3.984p) each, the Company will, issue 179,856 new common shares of no par value each ("Common Shares") for a total consideration of US$8,885.

 

Application will be made for the 179,856 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 10 January 2025.

 

Following Admission, the Company's new issued share capital will comprise 261,271,186 Common Shares. This share figure includes the shares to be admitted on 7^th Jan following the exercise of warrants announced on 30^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.

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [e-mail] or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

 

END

 

 

IOEDZGGMKKZGKZM