Orosur Mining Inc. – Annual Option Issuance
(“Orosur” or “the Company”) (TSX: OMI) (AIM: OMI) announces the granting of an aggregate of 1,460,000 stock options (“Options”) to directors, officers and employees, upon recommendation of the Company’s Remuneration Committee.
ANNUAL STOCK OPTION GRANT
Officers and employees were granted a total of 1,245,000 Options and the balance equivalent to 215,000 Options were granted to Directors pursuant to the annual grant, which shall vest in three equal parts: the first part immediately and the second and third parts on and , respectively.
All Options are exercisable at a price of per common share, on or before . Pricing is based on the closing price of the Orosur’s shares on on the .
A summary of Director and Officer option grants and resultant interests is as follows:
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 , this inside information is now considered to be in the public domain. If you have any queries on this, then please contact , VP Corporate Development of the Company (responsible for arranging release of this announcement on behalf of the Company) on: +1 (778) 373-0100.
(TSX: OMI; AIM: OMI) is a precious metals developer and explorer focused on identifying and advancing gold projects in . The Company operates in and .
Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them:
, Chief Executive Officer
, VP Corporate Development
Tel: +1 (778) 373-0100
Tel: +44 (0)20 3 470 0470– Nomad & Joint Broker
Directors & Officers
Details of the person discharging managerial responsibilities / person closely associated
Full name of person Dealing
Reason for notification
Position / Status
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
Description of the financial instrument, type of instrument
Options to subscribe for new ordinary share of no par value
Nature of the transaction
Grant of options
Price(s) and volumes(s)
- Aggregated volume
Date of the transaction
Place of the transaction
Outside of trading venue
Quick facts: Orosur Mining Inc
Market Cap: £5.29 m
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