Investor Q&A Session
Orosur Mining Inc
AGM Results
Investor Q&A Session
London, 12 December, 2024, Orosur Mining Inc. ("Orosur" or "the
Company") (AIM/TSXV: OMI), a minerals explorer and developer with projects
in Colombia, Argentina and Nigeria, announces that at the Company's Annual
General Meeting ("AGM") held earlier today, all resolutions put to shareholders
were duly passed.
Details of the voting are set out below:
AGM Voting Results
At the AGM, a total of 49,022,607 common shares of the 235,620,423 shares
outstanding as at the record date of November 4 th 2024, were voted at the
meeting, representing approximately 20.8% of the then issued and outstanding
common shares of the Company. The votes cast were as follows:
ORDINARY BUSINESS FOR AGAINST VOTES
WITHELD
VOTES FOR
%
to set the number of directors of
the Company for the ensuing
year at four (4) members;
48,918,190 177,937 0 99.64%
to elect Louis Castro as a
director of the Company to hold
office for the ensuing year;
48,584,121 0 242,844 99.50%
to elect Bradley George as a
director of the Company to hold
office for the ensuing year;
48,584,121 0
242,844 99.50%
to elect Thomas Masney as a
director of the Company to hold
office for the ensuing year;
47,898,919 0
131,046 99.73%
to elect Nick von Schirnding as a
director of the Company to hold
office for the ensuing year;
47,899,188 0
130,777 99.73%
to appoint Baker Tilly WM LLP,
as the auditors of the Company
for the ensuing year and, to
49,022,607 0
73,621 99.85%
authorise the board of directors
to fix the auditors' remuneration;
to approve the cancellation of
existing stock options and the
issue of Deferred Share Units
under the Company's Equity
Incentive Plan and related
matters.
48,617,928 208,937 0 99.57%
Issue of DSUs upon cancellation of options
Upon recommendation of the Company's Remuneration Committee and
pursuant to the resolution approved by shareholders at today's AGM, the
Company has granted 970,000 deferred share units ("DSUs") to replace
3,440,000 stock options which have now been cancell ed, full details of which
are set out in the Company's 2024 Management Information Circular available
on its website.
Of the 970,000 DSUs issued, 850,000 DSUs were granted to Louis Castro (who
now holds 1,800,000 options and 850,000 DSUs) and 120,000 DSUs were
granted to Nick von Schirnding (who now holds 450,000 options and 120,000
DSUs). Following the issuance of DSUs a nd cancellation of options, the total
number of shares under option, restricted share units ("RSUs") and DSUs is
10,988,332 which represents 4.6% of the non -diluted issued share capital of
the Company.
Investor Q&A session
Orosur is pleased to remind shareholders that Louis Castro, Chairman and Brad
George, Chief Executive Officer, will be holding a live Investor Q&A session via
the Investor Meet Company platform on 16 December 2024 at 5.30 pm (UK
local time).
The presentation is open to all existing and potential shareholders. Questions
can be submitted pre-event via your Investor Meet Company dashboard up until
9am (UK Local Time) the day of the meeting or at any time during the live
presentation.
Investors can sign up to the Investor Meet Company platform via :
https://www.investormeetcompany.com/orosur-mining-inc/register-investor
Investors who already follow Orosur on the Investor Meet Company platform
will automatically be invited.
Notification and public disclosure of transactions by persons discharging
managerial responsibilities and persons associated closely with them:
1 Details of person discharging managerial responsibilities/person closely
associated
a) Full Name i. Louis Castro
ii. Nick von Schirnding
2 Reason for notification
a) Position/Status i) Chairman
ii) Non-Executive Director
b) Initial
notification/amendment
Initial notification
3 Details of the issuer, emission allowance market participant, auction
platform, auctioneer or auction monitor
a) Name Orosur Mining Inc
b) LEI 213800CRYQM3M8G1OI19
4 Details of the transaction(s): section to be repeated for (i) each type of
instrument; (ii) each type of transaction; (iii) each date; and (iv) each place
where transactions have been conducted.
a) Description of the
financial instrument,
type of instrument
Granting of Deferred Share Units ("DSUs")
b) Identification code ISIN: CA6871961059
c) Nature of transaction Grant of DSUs
d) Prices and volumes i) 850,000 DSUs
ii) 120,000 DSUs
e) Aggregated information 970,000 DSUs at nil price
f) Date of transaction December 12th, 2024
g) Place of transaction Outside of trading venue
For further information, visit www.orosur.ca, follow on X @orosurm or please contact:
Orosur Mining Inc
Louis Castro, Chairman
Brad George, CEO
Tel: +1 (778) 373-0100
SP Angel Corporate Finance LLP - Nomad & Joint Broker
Jeff Keating / Caroline Rowe
Tel: +44 (0) 20 3470 0470
Turner Pope Investments (TPI) Ltd - Joint Broker
Andy Thacker/James Pope
Tel: +44 (0)20 3657 0050
Flagstaff Communications and Investor Communications
Tim Thompson
Mark Edwards
Fergus Mellon
Tel: +44 (0)207 129 1474
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of
the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.