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 -9.84% 27.50 27.00 28.00 30.50 27.25 30.50 2,631,671 15:47:46
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Mining 0.0 -1.2 0.8 35.7 21

Orosur Mining Inc. – New Director Option Issuance

04/05/2020 7:00am

Business Wire

Orosur Mining (LSE:OMI)
Historical Stock Chart

From Apr 2020 to Oct 2020

Click Here for more Orosur Mining Charts.

Orosur Mining Inc. (“Orosur” or “the Company”) (TSX/AIM: OMI), a South American-focused gold developer and explorer announces the granting of an aggregate of 440,000 stock options (“Options”) to the Company’s two new Directors upon recommendation and authorisation by the Company’s Board of Directors.

Mr. Brad George and Mr. Louis Castro were granted a total of 440,000 Options, which shall vest in three equal parts: the first part immediately and the second and third parts on May 4, 2021 and May 4, 2022, respectively.

All Options are exercisable at a price of C$0.04 per common share, on or before May 4, 2025. Pricing is based on the closing price of the Orosur’s shares on May 1, 2020 on the Toronto Stock Exchange.

A summary of Director and Officer option grants and resultant interests is as follows:

Directors & Officers

Options Granted

Total Options

Total Shares


Louis Castro






Brad George






H.D. Lee






Ignacio Salazar






Victor Hugo






Ryan Cohen












Note 1:

Percentage interest in total number of common shares currently issued and outstanding

Note 2:

Pursuant to Market Abuse Regulation, individual notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them is contained at the end of this press release.

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.

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them:


Details of the person discharging managerial responsibilities / person closely associated a) Full name of personDealing i. Louis Castro ii. Brad George iii.


Reason for notification a) Position / Status i. Chairman of the Board ii. Non-Executive Director iii. b) Initial Notification/Amendment Initial


Details of the issuer, emission allowance market participant, auction platform, auctioneer orauction monitor a) Name Orosur Mining Inc. b) LEI 213800CRYQM3M8G1OI19


Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) eachtype of transaction; (iii) each date; and (iv) each place where transactions have beenconducted a) Description of the financial instrument, type of instrument Options to subscribe for new ordinary share of no par value b) Identification code CA6871961059 c) Nature of the transaction Grant of options   d) Price(s) and volumes(s) Volume(s) Price(s) i. 240,000 i. C$0.04 ii. 200,000 ii. C$0.04   e) Aggregated information: - Aggregated volume Volume(s) Price(s) - Price


C$0.04   f) Date of the transaction 4-May-20 g) Place of the transaction Outside of trading venue


For further information: 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

1 Year Orosur Mining Chart

1 Year Orosur Mining Chart

1 Month Orosur Mining Chart

1 Month Orosur Mining Chart
ADVFN Advertorial
Your Recent History
Orosur Min..
Register now to watch these stocks streaming on the ADVFN Monitor.

Monitor lets you view up to 110 of your favourite stocks at once and is completely free to use.

By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions

P: V:gb D:20201029 00:01:40