11th Dec 2014 07:00
Orosur Mining Inc. (TSX/AIM:OMI), announces that it has granted an aggregate of 4,180,000 stock options to directors, officers and employees.
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 IncIgnacio Salazar, Chief Executive Officer[email protected]Tel: + 562 2924 6800orCantor Fitzgerald EuropeStewart Dickson / Jeremy StephensonTel: +44 (0) 20 7894 7000orFTI ConsultingBen Brewerton / Oliver Winters / Sara PowellTel: +44 (0) 20 3727 1000
Copyright Business Wire 2014
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