Orosur Mining Inc. – Leadership Transition
(“Orosur” or “the Company”) (TSX/AIM: OMI), a South American-focused gold developer and explorer wishes to announce that , Chief Executive Officer of the Company, will be stepping down from his current role and leaving the Company with effect from to take up a new position as Chief Executive Officer of Highfield Resources Limited, an ASX-listed mining company with assets in (“Highfield”). A search for his replacement has commenced.
has been the CEO of Orosur since after first joining the Company in as Finance Director. He will continue as CEO until and, during this 3-month period, will provide support to ensure a smooth transition. Orosur’s Chairman, , will work closely with to facilitate the process.
, Chairman of Orosur, commented:
“We wish Ignacio all the best in his professional and personal endeavours and acknowledge his decision to move after a long and successful spell at Orosur. He has led the Company through very challenging times and has been instrumental in transforming Orosur with the acquisition of the Anzá project in in 2014, building a strategic alliance with Newmont since 2018 as well as developing operations and progressing a fair solution in for all stakeholders. We thank him for his significant service and dedication to the Company and its shareholders.”
, CEO of Orosur, commented:
“After 11 years with the Company, it is with mixed feelings that I make the decision to depart from Orosur to move to Highfield which, I feel, is a natural step in my career. Orosur is moving into a new phase as an exploration and development company and I am confident that during the next three months, I will be handing over to a strong and well-balanced team with a strong platform to grow. I remain a friend of the Company and wish all the best of success to the team, the board, our shareholders and other stakeholders”.
For further information, please contact:
, Chief Executive Officer
, VP Corporate Development
Tel: +1 (778) 373-0100
Tel: +44 (0) 20 3 470 0470– Nomad & Joint Broker
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 .
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Market Cap: £5.29 m
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