Orosur Mining Inc. Issue of Ordinary Shares upo...

Orosur Mining Inc. Issue of Ordinary Shares upon Exercise of Stock Options

Orosur Mining Inc.

Orosur Mining Inc. ("OMI" or the "Company") (TSX: OMI) (LSE: OMI) announces that, following the exercise of options by employees, today the Company has issued a total of 41,666 Common Shares of the Company (“Common Shares”) at CAD 0.395 per share.

Application has been made for 41,666 new Common Shares to be admitted to trading on AIM (“Admission”). It is expected that Admission will become effective and that dealings will commence on May 23, 2012 in respect of those Common Shares.

On Admission, the Company will have 78,021,475 Common Shares in issue.

About Orosur Mining Inc.

Orosur Mining Inc. is a fully integrated gold producer and exploration company focused on identifying and developing gold projects in Latin 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 and Chile.

Orosur Mining Inc.
David Fowler
CEO
or
Ignacio Salazar, + 56 2 9246800
CFO
[e-mail]
or
Canaccord Genuity Limited (Nominated Adviser & Broker)
Rob Collins / Andrew Chubb, [phone]
or
Blythe Weigh Communications (Investor Relations)
Tim Blythe, [phone]
or
Susan Mckenzie, + 44 (0) 7919 050828
or
Robert Kellner, [phone]