Research on Orosur Mining Inc. (OMI:LON) from Turner Pope Investments
Orosur Mining Inc. announced a brokered private placement aiming to raise up to C$14.0 million through the sale of approximately 43,750,000 units at C$0.32 per unit, with an option to raise an additional C$2.0 million. Each unit comprises one common share and one-half of a warrant, exercisable at US$0.32 for 24 months post-closing. The net proceeds will primarily fund the advancement of the Anzá exploration project in Colombia and general working capital. The offering is expected to close around October 6, 2026, subject to regulatory approvals, including from the TSX Venture Exchange and AIM. This placement is intended to broaden the company's shareholder base and improve share liquidity.
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