Orosur Mining Inc announces exercise of warrants

Issue of shares and total voting rights

LONDON, UNITED KINGDOM / ACCESSWIRE / December 30, 2024 / Orosur Mining Inc. (“Orosur” or the “Company”) (AIM:OMI)(TSXV:OMI), A mineral explorer and developer with projects in Colombia, Argentina and Nigeria advises following the exercise of: 1,694,615 warrants at an exercise price of US$0.0372 (about 2.952 pence) each; 559,712 warrants with an exercise price of US$0.0494 (about 3.921 pence) each; and 2,677,966 Warrants at an exercise price of $0.0558 (approximately 4.429 pence) per Warrant, the Company will issue 4,932,593 new Common Shares each of no par value (“Common Shares”) for aggregate consideration of $240,131.

An application will be submitted for 4,932,593 Common Shares, which will be equal to the existing Common Shares, to be admitted to trading on AIM (“Admission”). It is expected that acceptance will become effective and transactions will take place on or about 8:00 AM UK time on 7 January 2025.

After acceptance, the new issued share capital of the Company will consist of 261,091,330 ordinary shares. This share number includes shares accepted earlier today as a result of the IPO announced on the 19th^y December and stock acceptance on 3^Third January following the exercise of the warrants as announced on December 24, 2024. When calculating voting rights, shareholders should use this number as a denominator for the calculations by which they will determine whether they are required to notify their interest or a change in their interest in the capital of the company under the Disclosure and Transparency Rules issued by Financial Supervision Authority.

For more information, visit www.orosur.cafollow on X @orosurm or please contact:

Orosur Mining Company
Luis Castro, President
Brad George, CEO
info@orosur.ca
Tel: +1 (778) 373-0100

SP Angel Corporate Finance LLP – Nomad and corporate broker
Jeff Keating/Caroline Rowe
Tel: +44 (0) 20 3470 0470

TURNER POP INVESTMENTS (TPI) LIMITED – Common mediator

Andy Thacker/James Pope
Tel: +44 (0)20 3657 0050

Flagstaff Communications and Investor Communications

Tim Thompson
Mark Edwards
Fergus Mellon
orosur@flagstaffcomms.com
Tel: +44 (0)207 129 1474

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

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