Orosur Mining Inc. Grant of Stock Options to Directors
Orosur officers and employees were granted a total of 2,080,000 stock options and the balance equivalent to 2,100,000 stock options were granted to the following Directors:
Director Number of options
Ignacio Salazar, CEO and director 700,000
John Walmsley, Chairman and independent director 400,000
Roger Davey, independent director 250,000
H.D. Lee, independent director 300,000
Pablo Marcet, Executive director 450,000
Total 2,100,000
All options are exercisable at a price of Cdn$0.185 per common share, on or before December 10, 2019. The options will vest in three equal parts: the first part immediately and the second and third parts on December 10, 2015 and December 10, 2016, respectively.
The total number of common shares currently issued and outstanding is 96,635,081 and the total number of options outstanding is 7,395,834 following this grant.
For more information please visit www.orosur.ca
Orosur Mining Inc
Ignacio Salazar, Chief Executive Officer
info@orosur.ca
Tel: + 562 2924 6800 or
Cantor Fitzgerald Europe
Stewart Dickson / Jeremy Stephenson
Tel: +44 (0) 20 7894 7000 or
FTI Consulting
Ben Brewerton / Oliver Winters / Sara Powell
Tel: +44 (0) 20 3727 1000
Short Name: Orosur Mining
Category Code: MSC
Sequence Number: 444247
Time of Receipt (offset from UTC): 20141210T201649+0000