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.

Orion planning Prieska placement Orion planning Prieska placement Orion planning Prieska placement Orion planning Prieska placement Orion planning Prieska placement
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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