Orosur Mining Inc. Announces Change of Board Composition.SANTIAGO, Chile Santiago, officially Santiago de Chile (Spanish: -- Orosur Mining Inc. (the "Company") ( ), is the capital of Chile, and the center of its largest conurbation (Greater Santiago). TSX TSX Toronto Stock Exchange (TSE before April, 2002)
TSX Transfer from Stack Pointer to Index
TSX True Space Extension : OMI (1) See Open Market.
(2) (Open Microprocessor Initiative, Brussels, Belgium) An organization that functions under the umbrella of the European Commission. It funds projects that research and develop advanced microcontroller technologies. ) (LSE LSE - Language Sensitive Editor : OMI) announced today the appointment of a new Chairman, Tony Shearer. The Company is also seeking to appoint two new independent non-executive directors in due course.
Tony Shearer has been appointed to the Board as a Non-Executive Director and Chairman until a new Chairman is identified. He is based in London, England, and is aged 63. He was Chairman of the Company from 2002 to 2009. He is a chartered accountant who was Chief Executive of Singer & Friedlander until 2005, and since then has been non-executive Director of a number of AIM and other listed companies.
Mr Ralph Browning, Mr Mario Caron and Mr Gijsbert Groenewegen have resigned as Directors of the Company.
Mr Bill Lindqvist has advised the Company that he will not stand for re-election at the Company's next Annual General Meeting after serving as a Director for more than eight years.
David Fowler David Fowler may refer to:
"I would like to thank Ralph, Mario and Gijsbert for their contributions to the Company over the past three years,"
"Over the coming months the Company will review its strategy maximizing returns to shareholders."
The Board of the Company now comprises Tony Shearer as Chairman with Bill Lindqvist, Roger Davey, Julio Porteiro (all independent non-executive directors), Ignacio Salazar (Chief Financial Officer) and David Fowler (Chief Executive).
Save as disclosed in the Appendix below, there is no other information required to be disclosed under Schedule Two, paragraph (g) of the AIM Rules for Companies.
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 Latin America, the Spanish-speaking, Portuguese-speaking, and French-speaking countries (except Canada) of North America, South America, Central America, and the West Indies. . 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. The Company is quoted in Canada (TSX: OMI) and London (AIM: OMI).