Orion issues first tranche of shares in capital raising

November 5, 2017

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ASX- and JSE-listed Orion Minerals on Friday issued the first tranche of shares as part of a two-tranche capital raising. The company aims to raise $5.5-million at an issue price of 2.4c an ordinary fully paid share to fund the resource drilling campaign at the Prieska zinc/copper project, to continue exploration programmes on its Northern Cape tenements and for general working capital purposes.

Category: General