Strong backing for OreCorp

ORECORP has raised A$13.56 million in an oversubscribed placement to institutional and sophisticated investors.

Strong backing for OreCorp Strong backing for OreCorp Strong backing for OreCorp Strong backing for OreCorp Strong backing for OreCorp

OreCorp's Nyanzaga project in Tanzania

The company will place 45.2 million shares at 30c per share, an 11.8% discount to the last closing price and 7.1% discount to the 10-daye volume-weighted average price.