Orosur Mining Inc. – New Director Option Issuance
(“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. and Mr. 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 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:
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 .
Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them:
Directors & Officers
Percentage interest in total number of common shares currently issued and outstanding
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.
|Details of the person discharging managerial responsibilities / person closely associated|
|a)||Full name of personDealing||i.|
|Reason for notification|
|a)||Position / Status||i. Chairman of the Board|
|ii. Non-Executive Director|
|Details of the issuer, emission allowance market participant, auction platform, auctioneer orauction monitor|
|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|
|c)||Nature of the transaction||Grant of options|
|d)||Price(s) and volumes(s)||Volume(s)||Price(s)|
|- Aggregated volume||Volume(s)||Price(s)|
|f)||Date of the transaction|
|g)||Place of the transaction||Outside of trading venue|
Quick facts: Orosur Mining Inc
Market Cap: £5.29 m
NO INVESTMENT ADVICE
The Company is a publisher. You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is...FOR OUR FULL DISCLAIMER CLICK HERE