Oro Mining Ltd.
TSX VENTURE : OGR

Oro Mining Ltd.

December 13, 2011 14:17 ET

Oro Mining Announces Stock Option Grant

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Dec. 13, 2011) - Oro Mining Ltd. ("Oro Mining" or the "Company") (TSX VENTURE:OGR) announces that, subject to regulatory approval and pursuant to its Stock Option Plan, it has granted 4,675,000 stock options to officers, employees and directors of the Company. The options are exercisable at a price of $0.14 per common share for a period of five years from December 12, 2011 and will vest over a period of 12 months, with 33.34% vested at the time of grant and 33.33% vesting on each of the 6 and 12 month anniversaries of the date of grant.

About Oro Mining

Oro Mining is a publicly-listed company on the TSX Venture Exchange with properties located in Sinaloa and Zacatecas, Mexico. Oro Mining's priority is to advance properties toward production. The Trinidad property that hosts the Taunus gold deposit continues to be the priority focus of the Company's development activities.

ON BEHALF OF THE BOARD OF DIRECTORS

John Brownlie, CEO

Neither the TSX Venture Exchange nor its Regulation Services Provider (as the term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Contact Information

  • Oro Mining Ltd.
    John Brownlie
    CEO
    (604) 646-1580
    (604) 642-2411 (FAX)

    Oro Mining Ltd.
    Mimy Fernandez-Maldonado
    Corporate Secretary
    (604) 646-1587
    www.oromining.com