Orion Minerals to accelerate development of base metals assets with new funding | News Direct

Orion Minerals to accelerate development of base metals assets with new funding

Orion Minerals Ltd
News release by Orion Minerals Ltd

facebook icon linkedin icon twitter icon pinterest icon email icon Melbourne, Victoria | March 15, 2023 05:30 PM Eastern Daylight Time

Orion Minerals Ltd (ASX:ORN, JSE:ORN) MD Errol Smart tells Proactive the company is raising $13 million in a two-tranche share placement to sophisticated and professional investors to accelerate the development of its key base metal production hubs in South Africa’s Northern Cape Province. The raise is part of the company’s broader strategic funding package that will result in the introduction of a new cornerstone investor group.

 

 

Contact Details

 

Proactive Investors

 

Jonathan Jackson

 

+61 413 713 744

 

jonathan@proactiveinvestors.com

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Orion Minerals LtdminingAsxproactiveAustraliaproactiveInvestors