Orosur Mining Inc Announces Consultant Exercises Options | OROXF Stock News

Author's Avatar
4 days ago
  • Orosur Mining Inc (TSXV:OMI)(AIM:OMI) has issued 83,333 new common shares via options exercised by a consultant.
  • The exercise price was set at C$0.06 per share, contributing 0.03% to the company's current issued share capital.
  • Following this, Orosur's total issued share capital will be 312,523,237 common shares, with 4,961,668 options still outstanding.

Orosur Mining Inc (TSXV:OMI)(AIM:OMI) has announced the issuance of 83,333 common shares after a consultant exercised their options at an exercise price of C$0.06 per share. This new issuance represents 0.03% of the company's current issued share capital. These shares are expected to be admitted to trading on the AIM market around April 25, 2025.

The company's total issued share capital will consist of 312,523,237 common shares after this admission. Additionally, Orosur stated that no current board members or executives participated in this options exercise.

The company still has 4,961,668 options outstanding following this transaction. For stakeholders looking to calculate shareholdings or changes in their interest, this figure may serve as a denominator for any necessary disclosures under applicable transparency rules.

Disclosures

I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.