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Orosur Mining Inc. Announces Stock Options Grant

SANTIAGO, Chile, April 16, 2013. Orosur Mining Inc. ("OMI" or the "Company") (TSX: OMI) (LSE: OMI) announces that it has granted an aggregate of 550,000 stock options to purchase shares of the Company (“Common Shares”) to Directors, exercisable at a price referenced to the close price of OMI Common Shares on the TSX on 12 April 2013 as per the following:

Beneficiary Number of
Stock Options
Exercise Price
per Common Share
Tony Shearer, Chairman 250,000 CAD 0.52
Eric Roth, Director 150,000 CAD 0.52
Rafael Vergara, Director 150,000 CAD 0.52
TOTAL 550,000  

Separately, a consultant has been granted a block of 100,000 options to purchase Common Shares at a price of CAD1.10 and 150,000 options to purchase Common Shares at a price of CAD1.80.

The stock options were granted to the Directors and the consultant on April 15, 2013 and vest in three equal parts: the first part immediately and the second and third parts on April 15, 2014 and April 15, 2015, expiring on April 15, 2023.


ENDS

For further information, please contact:
Orosur Mining Inc

Tony Shearer, Chairman, + 44 7961 307 894
tony@tonyshearer.com
Ignacio Salazar, Interim Managing Director, + 562 2924 6800
isalazar@orosur.ca
or
Canaccord Genuity Limited (Nominated Adviser & Broker)
Andrew Chubb/Ross Allister, +44 (0) 20 7523 8000

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. The Company is quoted in Canada (OMI.TO) and London (OMI).

Copyright 2007 Uruguay Mineral Exploration Inc.
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