Orosur Mining Inc. Issue of Ordinary Shares upon Exercise of Stock Optionsadmin
Orosur Mining Inc. announces that, following the exercise of options by employees, today the Company has issued a total of 12,000 Common Shares of the Company (“Common Shares”) at CAD 0.60 per share.
Application has been made for 12,000 new Common Shares to be admitted to trading on AIM (“Admission”). It is expected that Admission will become effective and that dealings will commence on 7 April, 2011 in respect of those Common Shares.
On Admission, the Company will have 65,218,555 Common Shares in issue.
A typographical error made in the press release dated December 13, 2010 is hereby corrected, where it says that the stock options granted to Mr. Browning could be exercised “on or before December 11, 2010”, it should say “on or before December 11, 2015”.