Orosur Mining Inc Announces Exercise of RSUs

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(High)

Rhea-AI Sentiment

(Neutral)

Rhea-AI Summary

Orosur Mining (OROXF) issued 2,850,000 new common shares after the exercise of 2,850,000 RSUs by directors, officers and consultants, equal to 0.72% of current share capital. Admission of these shares to trading on AIM is expected around May 22, 2026 at 8:00am UK time.

After Admission, Orosur will have 398,799,074 shares in issue and 19,865,000 RSUs outstanding. All directors will retain their new shares, except for the sale of 75,000 shares by one non-executive director to cover tax.

AI-generated analysis. Not financial advice.

Positive

Directors retain all exercised RSU shares except 75,000 sold for tax
AIM Admission requested for 2,850,000 new shares ranking pari passu

Negative

Share count rises by 2,850,000 shares, a 0.72% dilution
Outstanding RSUs total 19,865,000, representing potential future share issuance

05/19/2026 - 02:00 AM

LONDON, UK / ACCESS Newswire / May 19, 2026 / Orosur Mining Inc. ("Orosur" or the "Company") (TSXV:OMI)(AIM:OMI) announces that the Company has issued 2,850,000 Common Shares ("Shares") representing 0.72% of the Company's current issued share capital, following the exercise of 2,850,000 restricted stock units ("RSUs") by directors, officers, and consultants of the Company. All of the Directors will be retaining their Shares and not selling after exercise, other than Thomas Masney, one of the Company's Non-Executive Directors, who will sell 75,000 Shares to cover the tax due on the Shares issued to him. A full table of Directors and Officers subsequent holdings and exercise RSUs is shown below:

Director / Officer	No. of RSUs Exercised	Subsequent No. of Shares held	Subsequent Percentage of the Company held
Brad George	700,000	2,362,000	0.59%
Thomas Masney	225,000	410,000	0.10%
Nick von Schrinding	225,000	664,000	0.17%
Joaquin Sarroca	475,000	1,107,000	0.28%
Omar Gonzalez	50,000	50,000	0.01%

The consultants have exercised a total of 1,175,000 RSUs resulting in the issue of 1,175,000 Shares.

Application has been made for 2,850,000 Shares, which rank pari passu with the existing Shares in issue, to be admitted to trading on AIM ("Admission"). It is expected that Admission will become effective and dealings will occur at 8:00am UK time on or around May 22, 2026.

Following Admission of these 2,850,000 Shares, for the purposes of the Disclosure Guidance and Transparency Rules, the Company will have 398,799,074 Shares in issue. Shareholders may use this figure as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the issued share capital of the Company.

Following Admission, the Company will have 19,865,000 RSUs outstanding.

For further information, visit www.orosur.ca, follow on X @orosurm or please contact:

Orosur Mining Inc
Louis Castro, Chairman,
Brad George, CEO
info@orosur.ca
Tel: +1 (778) 373-0100

SP Angel Corporate Finance LLP - Nomad & Joint Broker
Caroline Rowe / Jen Clarke / Devik Mehta
Tel: +44 (0) 20 3470 0470

Turner Pope Investments (TPI) Ltd - Joint Broker
Andy Thacker/ Guy McDougall
Tel: +44 (0)20 3657 0050

Flagstaff Communications and Investor Communications

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

The information contained within this announcement is deemed by the Company to constitute inside information as stipulated under the Market Abuse Regulations (EU) No. 596/2014 ('MAR') which has been incorporated into UK law by the European Union (Withdrawal) Act 2018. Upon the publication of this announcement via Regulatory Information Service ('RIS'), this inside information is now considered to be in the public domain.

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

About Orosur Mining Inc.

Orosur Mining Inc. (TSXV:OMI)(AIM:OMI) is a minerals explorer and developer operating in Colombia and Argentina.

Details of the person discharging managerial responsibilities/person closely associated

Name:

1. Brad George

2. Thomas Masney

3. Nick Von Schirnding

4. Joaquin Sarroca

5. Omar Gonzalez

Reason for the notification

Position/status:

1. CEO

2. Independent Non-Executive Director

3. Independent Non-Executive Director

4. Commercial VP (Non-Board PDMR)

5. CFO (Non-Board PDMR)

Initial notification/Amendment:

Initial notification

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

Name:

Orosur Mining Inc

LEI:

213800CRYQM3M8G1OI19

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

Description of the financial instrument, type of instrument:

Identification code:

Common shares without par value

CA6871961059

Nature of the transaction:

1. Exercise of RSUs

2. Exercise of RSUs and subsequent sale of 75,000 Shares

3. Exercise of RSUs

4. Exercise of RSUs

5. Exercise of RSUs

Price(s) and volume(s):

Price(s)

Volume(s)

1) nil

2) nil

3) nil

4) nil

5) nil

700,000

225,000, of which 75,000 sold

225,000

475,000

50,000

Aggregated information:

Aggregated volume:

Price:

1,600,000 issued of which 75,000 sold

nil

Date of the transaction:

19 May 2026

Place of the transaction:

Outside a trading venue

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

SOURCE: Orosur Mining Inc

View the original press release on ACCESS Newswire

FAQ

What did Orosur Mining (OROXF) announce about RSU exercises on May 19, 2026?

Orosur Mining announced the exercise of 2,850,000 restricted stock units, resulting in 2,850,000 new common shares. According to the company, these RSUs were exercised by directors, officers and consultants, with most directors retaining their newly issued shares.

How many new OROXF shares were issued from RSU exercises and what percentage of capital is this?

Orosur Mining issued 2,850,000 new common shares from RSU exercises, representing 0.72% of its current issued share capital. According to the company, shareholders can use this updated share count when assessing any changes in their percentage holdings.

When will new Orosur Mining shares from RSU exercises begin trading on AIM?

The new Orosur Mining shares are expected to be admitted to trading on AIM around May 22, 2026 at 8:00am UK time. According to the company, an application has been made for all 2,850,000 shares to be admitted.

How many Orosur Mining (OROXF) shares will be in issue after Admission of the RSU shares?

After Admission of the 2,850,000 RSU-related shares, Orosur Mining will have 398,799,074 shares in issue. According to the company, investors should use this total as the denominator when calculating notifiable holdings under disclosure and transparency rules.

How many restricted stock units will remain outstanding at Orosur Mining after this RSU exercise?

Following these RSU exercises, Orosur Mining will have 19,865,000 restricted stock units outstanding. According to the company, these remaining RSUs could, if exercised in future, result in additional share issuances and changes in individual shareholders’ percentage interests.