An update from Orosur Mining ( (TSE:OMI) ) is now available.
Orosur Mining Inc announced the issuance of 9,018,250 new common shares following the exercise of warrants, raising a total of US$ 435,894. This development increases the company’s total issued share capital to 275,006,522 common shares, impacting shareholders’ calculations for voting rights and potentially influencing market perceptions of the company’s financial health and strategic direction.
More about Orosur Mining
Orosur Mining Inc is a minerals explorer and developer with projects located in Colombia, Argentina, and Nigeria. The company is involved in the exploration and development of mineral resources, focusing on expanding its operations within these regions.
YTD Price Performance: 66.67%
Average Trading Volume: 3,375,455
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £29.8M
For a thorough assessment of OMI stock, go to TipRanks’ Stock Analysis page.