Orosur Mining Inc Announces Granting of RSUs
Orosur Mining (TSXV:OMI, AIM:OMI) has announced the granting of 7,550,000 Restricted Stock Units (RSUs) to its directors, officers, employees, and consultants. The RSUs were awarded based on the company's recent performance and as future performance incentives. Of the total, 3,400,000 RSUs were granted to officers and employees, while 4,150,000 RSUs were allocated to Directors. The RSUs will vest in two equal parts over two years and expire after three years. Following this grant, the total number of shares under Option, RSUs, and DSUs represents 5.9% of the company's non-diluted issued share capital.
Orosur Mining (TSXV:OMI, AIM:OMI) ha annunciato la concessione di 7.550.000 Restricted Stock Units (RSU) ai suoi amministratori, dirigenti, dipendenti e consulenti. Le RSU sono state assegnate in base alle recenti performance della società e come incentivi per risultati futuri. Di queste, 3.400.000 RSU sono state attribuite a dirigenti e dipendenti, mentre 4.150.000 RSU sono state destinate agli amministratori. Le RSU matureranno in due tranche uguali nell'arco di due anni e scadranno dopo tre anni. Dopo questa assegnazione, il numero totale di azioni sotto Opzioni, RSU e DSU rappresenta il 5,9% del capitale sociale non diluito della società.
Orosur Mining (TSXV:OMI, AIM:OMI) ha anunciado la concesión de 7.550.000 Unidades de Acciones Restringidas (RSUs) a sus directores, ejecutivos, empleados y consultores. Las RSUs se otorgaron basándose en el desempeño reciente de la empresa y como incentivos para el rendimiento futuro. De este total, 3.400.000 RSUs se asignaron a ejecutivos y empleados, mientras que 4.150.000 RSUs se destinaron a los directores. Las RSUs se consolidarán en dos partes iguales a lo largo de dos años y caducarán después de tres años. Tras esta concesión, el número total de acciones bajo Opciones, RSUs y DSUs representa el 5,9% del capital social no diluido de la compañía.
Orosur Mining (TSXV:OMI, AIM:OMI)는 이사, 임원, 직원 및 컨설턴트에게 7,550,000개의 제한 주식 단위(RSUs)를 부여했다고 발표했습니다. RSU는 회사의 최근 성과와 미래 성과 인센티브를 기준으로 수여되었습니다. 총 RSU 중 3,400,000개는 임원과 직원에게, 4,150,000개는 이사들에게 할당되었습니다. RSU는 2년에 걸쳐 두 번에 나누어 베스팅되며, 3년 후 만료됩니다. 이번 부여 후, 옵션, RSU 및 DSU 하에 있는 총 주식 수는 회사의 희석되지 않은 발행 주식 자본의 5.9%를 차지합니다.
Orosur Mining (TSXV:OMI, AIM:OMI) a annoncé l'attribution de 7 550 000 unités d'actions restreintes (RSU) à ses administrateurs, dirigeants, employés et consultants. Les RSU ont été attribuées en fonction des performances récentes de l'entreprise et comme incitations pour les performances futures. Sur ce total, 3 400 000 RSU ont été accordées aux dirigeants et employés, tandis que 4 150 000 RSU ont été allouées aux administrateurs. Les RSU seront acquises en deux parties égales sur deux ans et expireront après trois ans. Suite à cette attribution, le nombre total d'actions sous options, RSU et DSU représente 5,9 % du capital social non dilué de l'entreprise.
Orosur Mining (TSXV:OMI, AIM:OMI) hat die Gewährung von 7.550.000 Restricted Stock Units (RSUs) an seine Direktoren, Führungskräfte, Mitarbeiter und Berater bekannt gegeben. Die RSUs wurden basierend auf der jüngsten Unternehmensleistung und als Anreiz für zukünftige Leistungen vergeben. Von der Gesamtzahl wurden 3.400.000 RSUs an Führungskräfte und Mitarbeiter vergeben, während 4.150.000 RSUs den Direktoren zugeteilt wurden. Die RSUs werden in zwei gleichen Teilen über zwei Jahre vesten und verfallen nach drei Jahren. Nach dieser Gewährung entspricht die Gesamtzahl der Aktien unter Optionen, RSUs und DSUs 5,9 % des nicht verwässerten ausgegebenen Aktienkapitals des Unternehmens.
- RSUs provide performance incentives for key personnel without immediate cash expenditure
- Structured vesting schedule over two years helps retain talent
- Total equity incentives remain modest at 5.9% of non-diluted share capital
- Potential future dilution for existing shareholders
- Directors receiving significant portion (55%) of total RSU grants
LONDON, UK / ACCESS Newswire / May 2, 2025 / Orosur Mining Inc. ("Orosur" or "the Company") (TSXV:OMI)(AIM:OMI) announces the granting of an aggregate of 7,550,000 Restricted Stock Units ("RSUs") to directors, officers, employees and consultants, upon recommendation of the Company's Remuneration Committee, in recognition of the Company's recent performance and as incentivisation for future performance.
Further to the award of the RSUs set out above, the total number of shares under Option, RSUs and DSUs is 18,538,332 which represents
Award of Options and RSUs
In line with the Company's Equity Incentive Plan which was approved by shareholders at the Company's AGM in December 2023, officers, employees and consultants of the Company have been granted a total of 3,400,000 RSUs and 4,150,000 RSUs were also granted to Directors. The RSUs entitle the holder to new common shares of the Company upon the vesting conditions for the RSU being satisfied. There is no price paid for the RSUs and they expire three years after the date of grant. The RSUs shall vest in two equal parts: half on the first anniversary of this grant and half on the second anniversary.
A summary of Director and Officer RSU grants and resultant interests is as follows:
Directors & Officers | RSUs awarded | Total RSUs DSUs and options held | % Shareholding currently held in the Company | |||||||||
Louis Castro | 1,850,000 | 4,500,000 | 0.07 | % | ||||||||
Brad George | 1,400,000 | 3,290,000 | 0.10 | % | ||||||||
Thomas Masney | 450,000 | 870,000 | - | |||||||||
Nick von Schirnding | 450,000 | 1,020,000 | - | |||||||||
Omar Gonzalez | 100,000 | 350,000 | - | |||||||||
Joaquín Sarroca | 950,000 | 1,726,666 | 0.04 | % | ||||||||
Total | 5,200,000 | 11,756,666 | 0.21 | % | ||||||||
Note 1: Percentage interest in total number of common shares currently issued
Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons associated closely with them:
1 | Details of person discharging managerial responsibilities/person closely associated | |
a) | Full Name | i. Louis Castro ii. Bradley George iii. Thomas Masney iv. Nick von Schirnding v. Joaquin Sarroca vi. Omar Gonzalez |
2 | Reason for notification | |
a) | Position/Status | i) Chairman of the Board ii) CEO and Director iii) Non-Executive Director iv) Non-Executive Director v) Company Secretary and Corporate Counsel vi) CFO |
b) | Initial notification/amendment | Initial notification |
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |
a) | Name | Orosur Mining Inc |
b) | LEI | 213800CRYQM3M8G1OI19 |
4 | 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. | |
a) | Description of the financial instrument, type of instrument | Granting of Restricted Stock Units ("RSUs") |
b) | Identification code | ISIN:CA6871961059 |
c) | Nature of transaction | Grant of RSUs |
d) | Prices and volumes | i) 1,850,000 RSUs ii) 1,400,000 RSUs iii) 450,000 RSUs iv) 450,000 RSUs v) 950,000 RSUs vi) 100,000 RSUs |
e) | Aggregated information | Grant of a total of 5,200,000 RSUs at nil price |
f) | Date of transaction | May 1, 2025 |
g) | Place of transaction | Outside of trading venue |
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 & Broker
Jeff Keating / Jen Clarke / Devik Mehta
Tel: +44 (0) 20 3 470 0470
Turner Pope Investments (TPI) Ltd - Joint Broker
Andy Thacker/James Pope
Tel: +44 (0)20 3657 0050
Flagstaff Communications
Tim Thompson
Mark Edwards
Fergus Mellon
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 currently operating in Colombia, Argentina and Nigeria.
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SOURCE: Orosur Mining Inc
View the original press release on ACCESS Newswire
FAQ
How many RSUs did Orosur Mining (OROXF) grant in May 2025?
What is the vesting schedule for Orosur Mining's May 2025 RSU grants?
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