Mr. Louis Castro reports
OROSUR MINING INC ANNOUNCES GRANTING OF RSUS
Orosur Mining Inc. has granted an aggregate of 13.65 million restricted stock units (RSUs) to directors, officers, employees and consultants of the company, upon recommendation of the company's remuneration committee, in recognition of the company's progress and as incentivization for future performance.
At the company's annual general meeting held on Dec. 17, 2025, shareholders voted to permit the company to maintain a rolling securities-based compensation plan, reserving for issuance, a maximum of 10 per cent of the issued shares of the company from time to time.
Further to the award of the RSUs set out above, the total number of shares under option, RSUs and DSUs (deferred share units) is 26,440,004, representing 6.7 per cent of the non-diluted issued share capital of the company.
Award of RSUs
In line with the company's equity incentive plan, which was approved by shareholders at the company's AGM in December, 2023, and as updated, amended and approved at the AGM in December, 2025, officers, employees and consultants of the company have been granted a total of 5.95 million RSUs and 7.7 million RSUs have been granted to directors. The RSUs entitle the holder to new common shares of the company upon the vesting conditions for the RSUs being satisfied. There is no price paid for the RSUs and they expire three years after the date of grant. The RSUs shall vest on the first anniversary of the date of this grant.
A summary of director and officer RSU grants and resultant interests is as follows.
About Orosur Mining Inc.
Orosur Mining is a minerals explorer and developer currently operating in Colombia and Argentina.
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