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Orosur Mining Inc Exercise of Share Options

November 4, 2011 12:28 PM EDT
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SANTIAGO, Chile--(BUSINESS WIRE)-- Orosur Mining Inc. ("Orosur" or "the Company") (TSX-V: OMI; AIM: OMI) announces that following the exercise of options by employees, the Company has issued a total of 7,500 Common Shares of the Company (“Common Shares”).

Application has been made for 7,500 new Common Shares to be admitted to trading on AIM (“Admission”). It is expected that Admission will become effective and that dealings will commence on or around 11 November 2011 in respect of those Common Shares.

On Admission the Company will have 77,979,809 Common Shares in issue.

ENDS

Neither 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.

About Orosur Mining Inc.

Orosur Mining Inc. is a fully integrated gold producer and exploration company focused on identifying and developing gold projects in Latin 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 and Chile.

The Company is quoted in Canada (TSX Venture Exchange: OMI) and London (AIM: OMI).

Orosur Mining Inc.David Fowler, CEOIgnacio Salazar, CFO+ 562 9246800[email protected]orCanaccord Genuity Limited (Nominated Advisor and Broker)Bhavesh Patel + 44 (0) 207 050 6751Ryan Cohen, +44 (0) 207 050 6765orBlythe Weigh Communications (Public Relations and Investor Relations)Tim Blythe: +44 (0) 207 138 3205Ana Ribeiro: +44 (0) 207 138 3206Matthew Neal: +44 (0) 207 138 3224

Source: Orosur Mining Inc.



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