Funds in lieu received Drilling about to commence Options exercised Orosur Mining Inc., announces that it has received the sum of US$582,170, from Minera Monte Águila S.A.S. a Colombian company that is a 50:50 JV between Newmont Corporation and Agnico Eagle Mines Limited, in connection with maintaining its earn-in rights pursuant to the Exploration Agreement with Venture Option over the Anzá project in Colombia . These [...]
Orosur Mining Inc. announces that it has issued 2,876,670 common shares of no par value, representing 1.8% of the Company's current issued share capital, following the exercise of options by a number of its employees and former employees as follows: Exercise Price Options C$ 0.105 600,000 C$ 0.235 728,334 C$ 0.24 650,000 C$ 0.11 640,001 C$ 0.05 258,335 Application has been made for the 2,876,670 Common Shares, which rank [...]
Orosur Mining Inc. announces the unaudited results for the quarter ended August 31, 2020. All dollar figures are stated in US$ unless otherwise noted. The unaudited condensed financial statements of the Company for the quarter ended August 31, 2020 and the related management's discussion and analysis have been filed and are available for review on the SEDAR website. And they are also available on the Company's website at [...]
Orosur Mining Inc. announces the audited results for the fiscal year ended May 31, 2020. All dollar figures are stated in US$ unless otherwise noted. The audited financial statements of the Company for the year ended May 31, 2020; the related management's discussion and analysis; the annual information form and the Forms 52-109F1 have all been filed and are available for review on the SEDAR website at www.sedar.com. The [...]
Orosur Mining Inc. announces that its 100% owned Colombian subsidiary, Minera Anzá S.A has received from Minera Monte Águila SAS the sum of COP$2.52 billion Colombian Pesos as a first payment to fund exploration at the Anzá project for the 12 month period commencing 7 September 2020. Monte Águila is the new name for Newmont Colombia SAS which is owned 50-50 by Newmont and Agnico. Field planning underway Prior to receipt [...]
Orosur Mining Inc. announces that it has been informed by Newmont, that it has entered into a Joint Venture Agreement with Agnico Eagle Mines whereby the two companies will jointly assume and advance Newmont's prior rights and obligations with respect to the Anzá Project in Colombia on a 50-50 basis, with Agnico as operator of the Joint Venture. Orosur's Anzá Project is subject to an Exploration Agreement with Venture [...]
Orosur Mining Inc., announces that it has been informed by Newmont Colombia S.A.S. a subsidiary of Newmont, that it intends to continue to exercise its rights and obligations with regard to the Anzá gold project in Colombia under the terms of the Exploration Agreement with Venture Option signed and announced in September 2018. Newmont Colombia has now paid the fourth and final cash payment of US$500,000 required under the [...]
Orosur Mining Inc. On May 19, 2020, the Canadian Securities Administrators announced that they would provide issuers with a 45-day filing extension for filings required from June 2 to August 31, 2020, to allow issuers the time needed to focus on the many other business and financial reporting implications of the COVID-19 pandemic. The Company will rely on this extension with respect to its Annual Filings, including its [...]
Orosur Mining Inc. is delighted to announce the appointment of Brad George as CEO of the Company in place of Ignacio Salazar who leaves the Company today after a three month period of transition, as announced on 20 April 2020. Brad George was appointed to the Board of Orosur as a non-executive director on 1 May this year and has already made significant contributions to the Company. As previously announced, Brad has a [...]
Orosur Mining Inc. announces the granting of an aggregate of 440,000 stock options to the Company’s two new Directors upon recommendation and authorisation by the Company’s Board of Directors. Mr. Brad George and Mr. Louis Castro were granted a total of 440,000 Options, which shall vest in three equal parts: the first part immediately and the second and third parts on May 4, 2021 and May 4, 2022, respectively. All Options [...]
Orosur Mining Inc. is delighted to announce the appointment of Brad George, 54, as Non-Executive Director of the Company with immediate effect. Mr. George is a geoscientist by profession, with over 30 years’ experience in global mineral exploration, development and financing. In particular, Mr. George has a long history in South America, having managed, assessed, and financed projects and companies in a range of countries [...]
Orosur Mining Inc. wishes to announce that Ignacio Salazar, Chief Executive Officer of the Company, will be stepping down from his current role and leaving the Company with effect from 17 July 2020 to take up a new position as Chief Executive Officer of Highfield Resources Ltd., an ASX-listed mining company with assets in Spain. A search for his replacement has commenced. Mr. Salazar has been the CEO of Orosur since March [...]
