Orosur Mining Inc. press release
Orosur Mining Inc Announces Exercise of Warrants
TSXV - TSX Venture Exchange · Gold · Copper · Molybdenum · Silver · Lithium · Canada
Orosur Mining Inc
Exercise of Warrants, Issue of Shares and Total Voting Rights
LONDON, UNITED KINGDOM / ACCESSWIRE / January 6, 2025 / Orosur Mining Inc. ("Orosur" or "the Company") (AIM/TSXV:OMI),a minerals explorer and developer with projects in Colombia, Argentina and Nigeria, advises that, following an exercise of 179,856 warrants at an exercise price of US$0.0494 (approximately 3.984p) each, the Company will, issue 179,856 new common shares of no par value each ("Common Shares") for a total consideration of US$8,885.
Application will be made for the 179,856 Common Shares, which rank pari passu with the existing Common Shares in issue, to be admitted to trading on AIM ("Admission"). It is expected that Admission will become effective and dealings will occur at 8:00am UK time on or around 10 January 2025.
Following Admission, the Company's new issued share capital will comprise 261,271,186 Common Shares. This share figure includes the shares to be admitted on 7thJan following the exercise of warrants announced on 30thDecember 2024. When calculating voting rights, shareholders should use this figure as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change in their interest in, the share capital of the Company under the FCA's Disclosure and Transparency Rules.
For further information, visit www.orosur.ca, follow on X @orosurm or please contact:
Orosur Mining Inc Louis Castro, Chairman Brad George, CEO info@orosur.ca Tel: +1 (778) 373-0100
SP Angel Corporate Finance LLP - Nomad & Joint Broker Jeff Keating / Caroline Rowe Tel: +44 (0) 20 3470 0470
Turner Pope Investments (TPI) Ltd- Joint Broker Andy Thacker/James Pope Tel: +44 (0)20 3657 0050
Flagstaff Communications and Investor Communications Tim Thompson Mark Edwards Fergus Mellon orosur@flagstaffcomms.com Tel: +44 (0)207 129 1474
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SOURCE:Orosur Mining Inc
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