Orinoco ready to work

ORINOCO Gold has returned to trading following a capital raising to raise A$12.1 million at 12c that says will give it the financial resources to ramp up production at its high grade Cascavel gold mine in Brazil and start teasing out the mysteries of the surrounding greenstone belt.

Orinoco ready to work Orinoco ready to work Orinoco ready to work Orinoco ready to work Orinoco ready to work

Orinoco drilling in Brazil

The company issued 116 million new shares and one free option on a one-for-three basis in the raising of $8.5 million of fresh capital from new and existing shareholders.