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Orosur Mining ( (TSE:OMI) ) has provided an update.
Orosur Mining Inc. announced the issuance of 4,550,420 new common shares following the exercise of 2,881,356 warrants at an exercise price of US$0.0588 and 1,669,064 warrants at US$0.0494. This issuance, resulting in a total consideration of US$243,231, will increase the company’s total issued share capital to 265,821,606 common shares, impacting shareholders’ voting rights and possibly altering their interest in the company’s share capital.
More about Orosur Mining
Orosur Mining Inc. is a minerals explorer and developer operating in Colombia, Argentina, and Nigeria. The company focuses on exploring and developing mineral projects in these regions to expand its resources and market presence.
YTD Price Performance: -9.63%
Average Trading Volume: 2,446,082
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £16.69M
See more insights into OMI stock on TipRanks’ Stock Analysis page.