Orosur Mining Inc. (TSX/AIM:OMI) issued 2,850,000 common shares, representing 0.72% of its current issued share capital, following the exercise of restricted stock units (RSUs) by directors, officers, and consultants.
Directors exercised a total of 1,675,000 RSUs. Brad George exercised 700,000 RSUs and now holds 2,362,000 shares (0.59%). Thomas Masney exercised 225,000 RSUs and holds 410,000 shares (0.10%). Nick von Schrinding exercised 225,000 RSUs and holds 664,000 shares (0.17%). Joaquin Sarroca exercised 475,000 RSUs and holds 1,107,000 shares (0.28%). Omar Gonzalez exercised 50,000 RSUs and holds 50,000 shares (0.01%).
All directors will retain their shares, except non-executive director Thomas Masney, who will sell 75,000 shares to cover tax obligations.
Consultants exercised 1,175,000 RSUs, resulting in the issuance of 1,175,000 shares.
The company has applied for the 2,850,000 shares to be admitted to trading on AIM, with admission expected at 8:00am UK time on or around May 22, 2026. The new shares will rank equally with existing shares.
Following admission, Orosur will have 398,799,074 shares in issue, with 19,865,000 RSUs outstanding.
