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Orosur Mining Inc. – Employees Exercise Options

Mergers & Acquisitions

1

Orosur Mining Inc. – Employees Exercise Options

SANTIAGO, Chile, February 3, 2017. Orosur Mining Inc. (“Orosur” or “the Company”) (TSX/AIM: OMI), the

South American -focused gold producer, developer and explorer announces that it has issued 553,332

common shares of no par value ("Common Shares") following the exercise of options on February 2, 2017

by a number of its employees as follows:

Exercise Price Options

C$0.105 370,000

C$0.185 160,000

C$0.235 23,332

Total 553,332

Application has been made for the 553,332 Common Shares, which rank pari passu with the existing

Common Shares in issue, to be admitted to trading on AIM and admission is expected to occur at 8:00am

UK time on or around February 9, 2017 ("Admission").

Following Admission, the Company will have in issue 100,846,403 Common Shares and 7,289,093 options

outstanding.

For more information please visit www.orosur.ca or contact:

Orosur Mining Inc

Ignacio Salazar, Chief Executive Officer

[email protected]

Tel: +1 (778) 373-0100

Cantor Fitzgerald Europe

David Porter / Craig Francis / Philip Davies

Tel: +44 (0) 20 7894 7000

FTI Consulting

Ben Brewerton / Oliver Winters / Sara Powell / Emerson Clarke

Tel: +44 (0) 20 3727 1000

The information contained within this announcement is deemed by the Company to constitute inside information as stipulated under

the Market Abuse Regulations (EU) No. 596/2014 ('MAR'). Upon the publication of this announcement via Regulatory Information

Service ('RIS'), this inside information is now considered to be in the public domain.

About Orosur Mining Inc.

Orosur Mining Inc. is a fully integrated gold producer, developer and exploration company focused on

identifying and advancing gold projects in South America. The Company operates the only producing

gold mine in Uruguay (San Gregorio), and has assembled an exploration portfolio of high quality assets in

Uruguay, Chile and Colombia. The Company is quoted in Canada (TSX:OMI) and London (AIM:OMI).