Orosur Mining Inc Announces Sale of Stake in Company
Orosur Mining (TSXV:OMI, AIM:OMI) announced that Newmont Mining Corporation has sold its entire 9.4% stake in the company to several institutional long-term investors at C$0.19 per share.
The divestment is part of Newmont's strategy of non-core disposals. However, Newmont indicated it may consider increasing its ownership in Orosur in the future depending on market conditions. Orosur's Executive Chairman Louis Castro welcomed the new long-term investors, viewing their investment as validation of the company's development projects.
Orosur Mining (TSXV:OMI, AIM:OMI) ha annunciato che Newmont Mining Corporation ha venduto l'intera quota del 9,4% nella societ脿 a diversi investitori istituzionali a lungo termine al prezzo di C$0,19 per azione.
La cessione rientra nella strategia di Newmont di disinvestimenti da attivit脿 non core. Tuttavia, Newmont ha indicato che potrebbe valutare un aumento della propria partecipazione in Orosur in futuro, a seconda delle condizioni di mercato. Il Presidente Esecutivo di Orosur, Louis Castro, ha accolto con favore i nuovi investitori a lungo termine, considerando il loro investimento una conferma dei progetti di sviluppo dell'azienda.
Orosur Mining (TSXV:OMI, AIM:OMI) anunci贸 que Newmont Mining Corporation ha vendido su participaci贸n total del 9,4% en la empresa a varios inversores institucionales a largo plazo a C$0,19 por acci贸n.
La desinversi贸n forma parte de la estrategia de Newmont de desprenderse de activos no esenciales. Sin embargo, Newmont indic贸 que podr铆a considerar aumentar su participaci贸n en Orosur en el futuro, dependiendo de las condiciones del mercado. El Presidente Ejecutivo de Orosur, Louis Castro, dio la bienvenida a los nuevos inversores a largo plazo, viendo su inversi贸n como una validaci贸n de los proyectos de desarrollo de la compa帽铆a.
Orosur Mining (TSXV:OMI, AIM:OMI)电� Newmont Mining Corporation鞚� 須岇偓鞚� 9.4% 歆�攵� 鞝勲秬毳� 鞐煬 鞛リ赴 旮瓣磤 韴瀽鞛愲摛鞐愱矊 欤茧嫻 C$0.19鞐� 毵り皝頄堧嫟瓿� 氚滍憸頄堨姷雼堧嫟.
鞚措矆 毵り皝鞚� Newmont鞚� 牍勴暤鞁� 鞛愳偘 觳橂秳 鞝勲灥鞚� 鞚柬櫂鞛呺媹雼�. 雼る, Newmont电� 鞁滌灔 靸來櫓鞐� 霐半澕 頄ロ泟 Orosur 歆�攵勳潉 電橂Μ电� 氚╈晥鞚� 瓴�韱犿暊 靾� 鞛堧嫟瓿� 氚濏様鞀惦媹雼�. Orosur鞚� 歆戫枆 鞚橃灔 耄澊鞀� 旃挫姢韸鸽电� 靸堧鞖� 鞛リ赴 韴瀽鞛愲摛鞚� 頇橃榿頃橂┌, 鞚措摛鞚� 韴瀽臧� 須岇偓 臧滊皽 頂勲鞝濏姼鞐� 雽�頃� 鞁犽鞚� 響滌嫓霛缄碃 韽夑皜頄堨姷雼堧嫟.
Orosur Mining (TSXV:OMI, AIM:OMI) a annonc茅 que Newmont Mining Corporation a vendu l'int茅gralit茅 de sa participation de 9,4% dans la soci茅t茅 脿 plusieurs investisseurs institutionnels 脿 long terme au prix de 0,19 C$ par action.
Cette cession s'inscrit dans la strat茅gie de Newmont de se d茅faire d'actifs non strat茅giques. Toutefois, Newmont a indiqu茅 qu'elle pourrait envisager d'augmenter sa participation dans Orosur 脿 l'avenir en fonction des conditions du march茅. Le pr茅sident ex茅cutif d'Orosur, Louis Castro, a accueilli favorablement ces nouveaux investisseurs 脿 long terme, consid茅rant leur investissement comme une validation des projets de d茅veloppement de l'entreprise.
Orosur Mining (TSXV:OMI, AIM:OMI) gab bekannt, dass Newmont Mining Corporation ihren gesamten 9,4%-Anteil an dem Unternehmen an mehrere institutionelle Langzeitanleger zu C$0,19 pro Aktie verkauft hat.
Der Verkauf ist Teil von Newmonts Strategie, sich von nicht zum Kerngesch盲ft geh枚renden Beteiligungen zu trennen. Newmont deutete jedoch an, dass eine Erh枚hung ihres Anteils an Orosur in Zukunft je nach Marktlage m枚glich sei. Orosurs Executive Chairman Louis Castro begr眉脽te die neuen Langzeitanleger und sieht deren Investition als Best盲tigung der Entwicklungsprojekte des Unternehmens.
- Addition of multiple institutional long-term investors to shareholder base
- Newmont maintains potential interest in future investment
- Sale price of C$0.19 per share provides market valuation reference
- Loss of Newmont Mining as a major strategic shareholder
- 9.4% stake sale could create temporary selling pressure
LONDON, GB / / August 1, 2025 / Orosur Mining Inc. ("Orosur" or the "Company") (TSXV:OMI)(AIM:OMI), has been notified that Newmont Mining Corporation, who held a stake of approximately
In its release of yesterday to the Toronto Stock Exchange, after market close, announcing the sale, Newmont also stated that "Newmont may, depending on price, market conditions or other conditions or factors it considers relevant from time to time, increase its beneficial ownership, control or direction over Common Shares or other securities of Orosur through market transactions, private agreements or otherwise".
Orosur Executive Chairman Louis Castro commented:
"Whilst we are sad to see Newmont go, we understand that the sale of the stake is part of Newmont's strategy of non-core disposals. Newmont has been a loyal and supportive partner to Orosur. We part on good terms and we welcome a number of strong and knowledgeable long-term investors as we push further into an exciting growth phase for the Company. Their investment is testament to the potential of the projects we are developing"
For further information, visit, follow on X @orosurm or please contact
Orosur Mining Inc
Louis Castro, Chairman,
Brad George, CEO
[email protected]
Tel: +1 (778) 373-0100
SP Angel Corporate Finance LLP - Nomad & Joint Broker
Jeff Keating / Jen Clarke / Devik Mehta
Tel: +44 (0) 20 3470 0470
Turner Pope Investments (TPI) Ltd - Joint Broker
Andy Thacker/James Pope
Tel: +44 (0)20 3657 0050
Flagstaff Communications and Investor Communications
Tim Thompson
Mark Edwards
Fergus Mellon
[email protected]
Tel: +44 (0)207 129 1474
The information contained within this announcement is deemed by the Company to constitute inside information as stipulated under the Market Abuse Regulations (EU) No. 596/2014 ('MAR') which has been incorporated into UK law by the European Union (Withdrawal) Act 2018. Upon the publication of this announcement via Regulatory Information Service ('RIS'), this inside information is now considered to be in the public domain.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
About Orosur Mining Inc.
Orosur Mining Inc. (TSXV: OMI; AIM: OMI) is a minerals explorer and developer currently operating in Colombia, Argentina and Nigeria.
This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit .
SOURCE: Orosur Mining Inc
View the original on ACCESS Newswire
FAQ
What percentage stake did Newmont Mining sell in Orosur Mining (TSXV:OMI)?
At what price did Newmont sell its Orosur Mining shares?
Why did Newmont Mining sell its stake in Orosur Mining?
Will Newmont Mining consider buying Orosur Mining shares again in the future?
Who bought Newmont's stake in Orosur Mining?
