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Orion Minerals Limited ( (AU:ORN) ) has shared an announcement.
Orion Minerals Limited has announced a proposed issue of 363,636,364 ordinary fully paid securities under a securities purchase plan. This move is aimed at raising capital, potentially impacting the company’s operational capacity and market positioning by providing additional financial resources for ongoing and future projects. The offer is set to close on August 5, 2025, with the issue date scheduled for August 12, 2025.
More about Orion Minerals Limited
Orion Minerals Limited is a company operating in the mining industry, focusing on the exploration and development of mineral resources. The company is primarily engaged in the extraction and processing of base and precious metals, with a market focus on expanding its resource base and enhancing shareholder value through strategic projects and partnerships.
Average Trading Volume: 875,184
Technical Sentiment Signal: Sell
Current Market Cap: A$82.21M
See more insights into ORN stock on TipRanks’ Stock Analysis page.