Exercise of RSUs
Orosur Mining Inc. has issued 2,850,000 common shares, representing 0.72% of its issued share capital, following the exercise of 2,850,000 restricted stock units by directors, officers, and consultants. All directors are retaining their shares except for Thomas Masney, who will sell 75,000 shares to cover taxes. The total number of shares in issue will become 398,799,074 after the admission of these new shares, expected on May 22, 2026. Following this, 19,865,000 restricted stock units will remain outstanding.
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London, May 19, 2026. Orosur Mining Inc. ("Orosur" or the "Company") (TSX/AIM:OMI) announces that the Company has issued 2,850,000 Common Shares ("Shares") representing 0.72% of the Company's current issued share capital, following the exercise of 2,850,000 restricted stock units ("RSUs") by directors, officers, and consultants of the Company. All of the Directors will be retaining their Shares and not selling after exercise, other than Thomas Masney, one of the Company's Non-Executive Directors, who will sell 75,000 Shares to cover the tax due on the Shares issued to him. A full table of Directors and Officers subsequent holdings and exercise RSUs is shown below:
| Director / Officer | No. of RSUs Exercised | Subsequent No. of Shares held | Subsequent Percentage of the Company held |
|---|---|---|---|
| Brad George | 700,000 | 2,362,000 | 0.59% |
| Thomas Masney | 225,000 | 410,000 | 0.10% |
| Nick von Schrinding | 225,000 | 664,000 | 0.17% |
| Joaquin Sarroca | 475,000 | 1,107,000 | 0.28% |
| Omar Gonzalez | 50,000 | 50,000 | 0.01% |
The consultants have exercised a total of 1,175,000 RSUs resulting in the issue of 1,175,000 Shares.
Application has been made for 2,850,000 Shares, which rank pari passu with the existing 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 May 22, 2026.
Following Admission of these 2,850,000 Shares, for the purposes of the Disclosure Guidance and Transparency Rules, the Company will have 398,799,074 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 19,865,000 RSUs outstanding.
Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.