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Orosur Mining Inc. Issue of Ordinary Shares upon Exercise of Stock Options

SANTIAGO, Chile, May 18, 2012. Orosur Mining Inc. ("OMI" or the "Company") (TSX: OMI) (LSE: OMI) announces that, following the exercise of options by employees, today the Company has issued a total of 41,666 Common Shares of the Company (“Common Shares”) at CAD 0.395 per share.

Application has been made for 41,666 new Common Shares to be admitted to trading on AIM (“Admission”). It is expected that Admission will become effective and that dealings will commence on May 23, 2012 in respect of those Common Shares.

On Admission, the Company will have 78,021,475 Common Shares in issue.

ENDS

About Orosur Mining Inc.

Orosur Mining Inc. is a fully integrated gold producer and exploration company focused on identifying and developing gold projects in Latin America. The Company operates the only producing gold mine in Uruguay (San Gregorio), and has assembled an exploration portfolio of high quality assets in Uruguay and Chile.

For further information, please contact:

Orosur Mining Inc
David Fowler, CEO
Ignacio Salazar, CFO + 56 2 9246800; info@orosur.ca

Canaccord Genuity Limited (Nominated Adviser & Broker)
+44 (0) 20 7523 8000
Rob Collins
Andrew Chubb

Blythe Weigh Communications (Investor Relations)
Tim Blythe: +44 (0) 7816 924626
Susan Mckenzie: + 44 (0) 7919 050828
Robert Kellner: +44 (0) 7800 554377

 

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