Orsu Metals Expiry of options
21 April 2015 - 4:00PM
UK Regulatory
TIDMOSU
Expiry of options
FOR: ORSU METALS CORPORATION
AIM, TSX SYMBOL: OSU
April 21, 2015
Orsu Metals Corporation: Expiry of Options
LONDON, UNITED KINGDOM--(Marketwired - April 21, 2015) - Orsu Metals Corporation ("Orsu" or the "Company"), the London-
based dual listed (TSX:OSU)(AIM:OSU) base and precious metals exploration and development company, today announces
that 9.75 million options to purchase common shares under the Company's Amended and Restated Stock Option Plan
(the "Option Plan") have now expired. The options were granted in April 2010 at an exercise price of CAD$0.25,
exercisable for a period of five years. Detail of all options held by Directors of the Company which have expired and
the resultant number of options remaining after expiry is provided below.
Number of options Number of options
Name of Director expiring/cancelled after expiry
Dr Sergey V Kurzin 2,500,000 Nil
Dr Alexander S Yakubchuk 2,500,000 Nil
Mark Corra 750,000 Nil
Massimo Carello 750,000 30,000
Tim Hanford 750,000 Nil
David Rhodes Nil 500,000
Total 7,250,000 530,000
The balance of the expired options comprises 2.5 million options issued to officers and employees of the Company and
consultants. Following the expiration of the options discussed above, the Company has 1,360,000 options outstanding
under its Option Plan, and 12,500,000 warrants to purchase common shares.
The expired options are available for re-issue under the Company's Option Plan, subject to total options outstanding
not exceeding 10% of the number of common shares in issue with voting rights, which is 182,696,049 as at the date of
this announcement.
FOR FURTHER INFORMATION PLEASE CONTACT:
Orsu Metals Corporation
Kevin Denham
Chief Financial Officer and Company Secretary
+44 (0) 20 7518 3999
www.orsumetals.com
OR
Canaccord Genuity Limited
Ryan Gaffney or Henry Fitzgerald O'Connor
+44 (0) 20 7523 8000
OR
Vanguard Shareholder Solutions
+1 604 608 0824
Orsu Metals Corporation
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