Orosur Mining Inc — Director's Dealing 2019

Nov 19, 2019

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Orosur Mining Inc. – Annual Option Issuance

Orosur Mining Inc. (“Orosur” or “the Company”) (TSX: OMI) (AIM: OMI) announces the granting of an aggregate of 1,460,000 stock options (“Options”) to directors, officers and employees, upon recommendation of the Company’s Remuneration Committee.

ANNUAL STOCK OPTION GRANT

Officers and employees were granted a total of 1,245,000 Options and the balance equivalent to 215,000 Options were granted to Directors pursuant to the annual grant, which shall vest in three equal parts: the first part immediately and the second and third parts on November 14, 2020 and November 14, 2021, respectively.

All Options are exercisable at a price of C$0.05 per common share, on or before November 14, 2024. Pricing is based on the closing price of the Orosur’s shares on November 14, 2019 on the Toronto Stock Exchange.

A summary of Director and Officer option grants and resultant interests is as follows:

Directors & Officers		Options Granted		Total Options		Total Shares		Ownership¹
Robert Schafer		115,000		315,000		-		-
H.D. Lee		100,000		775,000		64,386		0.04%
Ignacio Salazar		215,000		2,114,544		723,000		0.48%
Victor Hugo		75,000		75,000		-		-
Ryan Cohen		75,000		685,000		231,452		0.15%
Total		580,000		3,964,544		1,018,838		0.68%

*Note 1: Percentage interest in total number of common shares currently issued and outstanding

*Note 2: Pursuant to Market Abuse Regulation, individual notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them is contained at the end of this press release.

The information contained within this announcement is deemed by the Company to constitute inside information as stipulated under the Market Abuse Regulation ("MAR"). Upon the publication of this announcement via Regulatory Information Service, this inside information is now considered to be in the public domain. If you have any queries on this, then please contact Ryan Cohen, VP Corporate Development of the Company (responsible for arranging release of this announcement on behalf of the Company) on: +1 (778) 373-0100.

About Orosur Mining Inc.

Orosur Mining Inc. (TSX: OMI; AIM: OMI) is a precious metals developer and explorer focused on identifying and advancing gold projects in South America. The Company operates in Colombia and Uruguay.

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them:

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Full name of person Dealing	1. Robert Schafer 2. Horng Dih Lee 3. Ignacio Salazar 4. Victor Hugo 5. Ryan Cohen
2	Reason for notification
a)	Position / Status	1. Chairman of the Board 2. Director 3. CEO & Director 4. CFO 5. VP, Corporate Development & Corporate Secretary
b)	Initial Notification/Amendment	Amendment
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Orosur Mining Inc.
b)	LEI	N/A
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	Options to subscribe for new ordinary share of no par value
b)	Identification code	CA6871961059
c)	Nature of the transaction	Grant of options
			Volume(s)	Price(s)
			i. 115,000	i. C$0.05
d)	Price(s) and volumes(s)		ii. 100,000	ii. C$0.05
	iii. 215,000	iii. C$0.05
			iv. 75,000	iv. C$0.05
			v. 75,000	v. C$0.05
e)	Aggregated information:
	- Aggregated volume		Volume(s)	Price(s)
	- Price		580,000	C$0.05
f)	Date of the transaction	14 November 2019
g)	Place of the transaction	Outside of trading venue

Orosur Mining Inc

Ignacio Salazar, Chief Executive Officer

Ryan Cohen, VP Corporate Development

[email protected]

Tel: +1 (778) 373-0100

SP Angel Corporate Finance LLP – Nomad & Joint Broker

Jeff Keating / Stephen Wong

Tel: +44 (0)20 3 470 0470

Orosur Mining Inc.

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