Orosur Mining Inc. (‘Orosur’ or ‘the Company’) (TSX:OMI) (AIM: OMI), a South American-focused gold producer, developer and explorer, announces that Mr. Max Oemick has informed the Board of his resignation as a non-executive director with effect on October 3, 2014.
Mr. Oemick was previously founder and general manager of Fortune Valley Resources which merged with the Company in 2010. Mr. Oemick, who has been a shareholder of Orosur since 2010, joined the Board in July 2013 during a time when the Company faced both internal issues and commodity price pressures. He has been a key contributor in facilitating the necessary changes to restore the Company to the much improved financial and operational situation it now enjoys. His regional and business experience has been of great assistance to his colleagues. Mr. Oemick believes it is now time for him to concentrate on his own businesses
Ignacio Salazar, Chief Executive of Orosur, commented:
“I am grateful to Max for his strong support and contribution, especially on the transition process which allowed us during last year to become a stronger growing company.I, and his colleagues, all wish him well in his future endeavours”.
Orosur Mining Inc. is a fully integrated gold producer and exploration company focused on identifying, developing and operating gold projects in South 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, Colombia and Chile. The Company is quoted in Canada (TSX: OMI) and London (AIM: OMI).
Contact
Orosur Mining Inc Ignacio Salazar, Chief Executive Officer Tel: + 562 2924 6800 info@orosur.ca or Cantor Fitzgerald Europe Stewart Dickson / Jeremy Stephenson / Carrie Lun Tel: +44 (0) 20 7894 7000 or FTI Consulting Ben Brewerton / Oliver Winters / Sara Powell Tel: +44 (0) 20 3727 1000
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