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Additional Information
Market: AIM / TSX-V
Sector: General Mining - Gold
EPIC: OMI
Latest Price: 9.00p  (2.86% Ascending)
52-week High: 51.00p
52-week Low: 8.63p
Market Cap: 7.04M
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Deal OMI Tax Free*
*subject to change and depends on individual circumstances.
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Orosur Mining
www.orosur.ca
Deal Orosur Mining Tax Free* Losses can exceed
your initial deposit *subject to change and depends on individual circumstances.

Orosur Mining Inc. is a gold producer and exploration company focused on identifying and developing gold projects in Latin America. The Company is a fully integrated mining company, possessing the skills necessary to explore and develop its discoveries. The Company operates the only producing gold mine in Uruguay (San Gregorio), and...

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Full Orosur Mining profile here
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Orosur Mining delays strategic review

September 10 2012, 8:40am The delay will give the newly constituted board time to meet and discuss the strategy on site, Orosur said

 

South America-focused Orosur Mining (LON:OMI, TSE:OMI) has decided to delay announcing the details of its strategy review until it releases its first quarter results in mid-October.

The gold producer and explorer had initially planned to announce the results of its strategic review into its dividend policy and how best to use cash flow to maximise returns to shareholders in the first half of September.

The delay will give the newly constituted board time to meet and discuss the strategy on site, Orosur said.

The statement, expected for release on 15 October, will set out the company’s expectations for production and cash flow to come out of the San Gregorio operation in Uruguay.

It will also include a dividend policy, a revised exploration and development strategy for extending the mine life at San Gregorio and will outline plans for its Chilean projects at Pantanillo, Anillo and Talca.

Shares opened 0.5 pence higher at 46.5 pence.

 

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