Orosur Mining Inc – Consultant Exercises Options
A consultant exercised 83,333 options at C$0.06 per share, increasing share capital by 0.03%.
- Common Shares issued 83,333
- Exercise price per share C$0.06
- Percentage of issued share capital 0.03%
- Total Common Shares in issue post-Admission 312,523,237
- Options outstanding post-Admission 4,961,668
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London, April 22, 2025. Orosur Mining Inc. ("Orosur" or the "Company") (TSXV/AIM:OMI), announces that it has issued 83,333 common shares of no par value ("Common Shares"), representing 0.03% of the Company's current issued share capital, following the exercise of 83,333 options by a consultant of the Company at an exercise price of C$0.06 per Common Share.
Application has been made for the 83,333 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 April 25, 2025.
No current members of the board, or Company executives have exercised any options.
Following Admission and for the purposes of the Disclosure Guidance and Transparency Rules, the Company will have 312,523,237 Common Shares in issue. Shareholders may 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 to their interest in, the issued share capital of the Company.
Following Admission, the Company will have 4,961,668 options outstanding.
Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.