Orosur Mining Inc. reports a cash balance of USD 809k as at November 30, 2019

Orosur Mining Inc. (LON: OMI) has released the results for the second quarter ended November 30, 2019.

  • The company has reported that Newmont Colombia, in accordance with the Exploration Agreement with Venture Option has made a further cash payment of USD 690k to Minera Anzá in November 2019.
  • As per an earlier announcement, in Uruguay, the Court approved the payment plan agreement between the Company’s wholly-owned subsidiary, Loryser SA and Loryser’s creditors
  • The Company had a cash balance of USD 809k at November 30, 2019 as compared to USD 512k as at May 31, 2019.
  • On 14th January 2020, at the time of writing, GMT 08:07 AM, OMI shares were trading at GBX 3.10, unchanged against the previous day closing price.