Orion surges on raising, restructure

SHARES in Orion Minerals surged by as much as 45% this morning after the company announced a premium raising, Black Economic Empowerment project ownership restructure, and two high-calibre board appointments.

Orion surges on raising, restructure Orion surges on raising, restructure Orion surges on raising, restructure Orion surges on raising, restructure Orion surges on raising, restructure

Orion's Prieska project

As flagged last week, Orion completed an A$8 million placement at 4c per share, a 29% premium to the last closing price, managed by Petra Capital.