TORONTO, Jan. 21 /CNW/ - Macquarie Group Limited ("Macquarie") announces that, due to a recent acquisition of 11,314,286 units of
Oro Mining Ltd. (Oro) at CAD 0.35 per unit, each unit consisting of one common share and one
half warrant, it now has ownership of 17,410,760 common shares and
6,657,143 warrants of Oro, each warrant convertible into one common
To Macquarie's knowledge, this represents 18.89% of the issued and
outstanding shares of Oro on a partially-diluted basis.
Macquarie has acquired the above securities for investment purposes.
Macquarie may acquire additional securities if they become available at
prices that are attractive to Macquarie.
SOURCE MACQUARIE GROUP
For further information:
Stephen Yanat 212.231.1310