Orion planning Prieska placement

ORION Minerals is looking to raise around A$5 million via a placement at 1.7c to support its plans to redevelop its Prieska copper-zinc project in South Africa at a time when pricing for both metals is in recovery mode.

05 August 2020
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The raising, which does not need shareholder approval, is understood to involve placing 294 million shares, although the door is open for oversubscriptions.

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