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light on its previously announced C$20 million upsized brokered
private placement. The offering, which comprises up to 58,823,530 new
common shares, is anticipated to finalize on October 2, 2025, with
trading on AIM expected to commence the following day, October 3,
2025.
In addition to this, the company has executed the issuance of 260,000
common shares following the exercise of options by two consultants at
strike prices of C$0.22 and C$0.325, respectively. Furthermore,
8,675,418 common shares were issued, raising US$701,894, stemming from
the exercise of warrants. Post-admission, Orosur will possess
325,758,894 common shares in issue, alongside 4,701,668 outstanding
options and 22,834,404 outstanding warrants.
Positive
- Successful warrant exercise generating US$701,894 in proceeds
-
Options exercised by consultants showing confidence in company
valuation - Significant C$20 million private placement nearing completion
Negative
-
Substantial share dilution through new share issuance and
warrant/option exercises - Delayed closing of the private placement from initial announcement
09/25/2025 – 02:00 AM
LONDON, UK – Orosur Mining Inc. (TSX:OMI)(AIM:OMI) provided a corporate
update today, September 25, 2025, regarding its financial and equity
activities. Central to the announcement is the progress of its C$20
million upsized brokered private placement (the “Offering”), initially
communicated on September 18, 2025, and now slated for closure on October
2, 2025. The Offering encompasses the issuance of up to 58,823,530 new
common shares, which positions the company for further operational
expansion and strategic initiatives.
Alongside the private placement, Orosur Mining has also been active in
managing its existing equity instruments. The company issued 260,000 common
shares, reflecting approximately 0.08% of its current issued share
capital, in response to option exercises by two consultants. These options
were exercised at prices of C$0.22 and C$0.325 for 140,000 and 120,000
common shares, respectively. It’s noteworthy that no members of the board
or Company executives participated in this round of option exercises.
Furthermore, the company’s balance sheet benefited from the exercise of
8,675,418 warrants during September, resulting in the issuance of the
same number of common shares and generating a total consideration of
US$701,894. These warrants originated from the company’s block listing
announced earlier on January 8, 2025.
Following the Admission of these 260,000 Common Shares relating to the
options, and also the 8,675,418 warrants exercised in September, for the
purposes of the Disclosure Guidance and Transparency Rules, the Company
will have 325,758,894 Common Shares in issue. Shareholders may use this
figure as the denominator for the calculations by which they will
determine if they are required to notify their interest in, or a change to
their interest in, the issued share capital of the Company.
Following Admission, the Company will have 4,701,668 options outstanding
and 22,834,404 warrants outstanding. As Orosur Mining navigates this
period of financial activity, stakeholders will be closely watching how
the company leverages its strengthened capital base to drive future growth
and project development. The successful close of the private placement,
combined with efficient management of outstanding options and warrants, will
be key indicators of Orosur’s long-term strategic vision and execution
capabilities.
FAQ
What is the size of Orosur Mining’s (OROXF) private placement
announced for October 2025?
Orosur Mining announced a C$20 million upsized brokered private
placement offering up to 58,823,530 new common shares, scheduled to
close on October 2, 2025.
How many warrants were exercised in Orosur Mining in September 2025?
8,675,418 warrants were exercised in September 2025, resulting in the
issuance of the same number of common shares for a total consideration
of US$701,894.
What will be Orosur Mining’s total shares outstanding after the recent
issuances?
Following the admission of new shares from options and warrants
exercises, Orosur Mining will have 325,758,894 common shares in issue.
How many options and warrants remain outstanding for Orosur Mining after
September 2025?
After the recent exercises, Orosur Mining will have 4,701,668 options
and 22,834,404 warrants remaining outstanding.
At what prices were the options exercised in Orosur Mining’s September
2025 update?
The options were exercised by two consultants at prices of C$0.22 for
140,000 shares and C$0.325 for 120,000 shares.
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