Orosur Mining Inc. (‘Orosur’ or ‘the Company’) (TSX: OMI) (AIM: OMI), a South American-focused gold producer, developer and explorer, announces that Mr. Sergey Kuznetsov has informed the Board of his resignation as a non-executive director with effect on October 3, 2014.
Mr. Kuznetsov joined the Board in July 2013 at a time when the Company was experiencing both internal and commodity price pressures. His colleagues have very much appreciated his contribution in helping Orosur to start and develop the change process that allowed the Company to substantially improve its financial and operational performance during past year, leaving Orosur now firmly on a strongly upward trajectory. Mr. Kuznetsov believes it is now time for him to focus on new business opportunities.
John Walmsley, Non-Executive Chairman of Orosur, commented:
“We have benefited from Sergey’s substantial contribution in this past difficult period during which the Company had to make significant changes to restore performance and to improve its mining operations. His colleagues wish him every success in the future”.
ENDS
About Orosur Mining Inc.
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).
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